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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