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#284 | Elizabeth Schlesinger; Estate Planning, Rights of Children, Wealth Transfer

The Vance Crowe Podcast

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Will You Dissolve a Trust?

Most states have a statute that allows trustees to dissolve a trust when the assets are considered de minimis around one or $200,000. If you have a corporate trustee or an institutional fiduciary who you're paying fees to administer the funds, that becomes a consideration as well. People get very focused on the amounts and the beneficiaries. My value in this proposition is helping people think not just about who gets what, but when they will receive it on what terms'

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