WHAT HAPPENS IF A TRUST RUNS OUT OF MONEY?
What Happens If Trust Runs Out Of Money?
Jasmine Dwerlkotte, Esq.
Associate Attorney
Transcript
“What happens if the trust runs out of money?
That’s a difficult position to be in, but at the end of the day that means that the trust is done so hopefully distributions have been made – If not, there should be a provision in the trust about once it gets to a certain amount the trust is distributed out and in essence closed out.”
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