Trust Modifications/Terminations

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Trust Modifications/Terminations

The firm has been successful on a number of occasions in obtaining a judicial modification of the terms of a trust authorizing greater distributions of income and/or principal of the trust, modifications to achieve tax savings, and modifications appointing a new trustee of the trust.  The firm has also obtained judicial modification of trust to allow more flexibility or to more clearly define the permissible investments of the trust by the trustee.

We have also been successful in terminating trusts prior to the termination date specified in the trust, resulting in an immediate distribution of the principal of the trust outright.


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