Trusts are normally terminated in accordance with the terms of the trust instrument. In some cases, consider terminating the trust early.
Articles about Irrevocable Trust Termination
When a trust administration no longer makes sense, a trustee may be able to terminate an irrevocable trust. There are several options available.
During a trust administration, assets must be allocated among any sub-trusts. The trust may direct that either a pecuniary or fractional formula be used.