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Once all expenses relating to administering the Trust and all taxes are paid, the Successor Trustee distributes the remaining assets to their Beneficiaries using the Decedent’s Revocable Living Trust.
A Trust only exists as long as it takes for the Successor Trustee to distribute the Decedent’s assets to the Beneficiaries. Once the Beneficiaries receive their inheritance, the Trust is considered complete and closed.
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Once all expenses relating to administering the Trust and all taxes are paid, the Successor Trustee distributes the remaining assets to their Beneficiaries using the Decedent’s Revocable Living Trust.
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