Early Termination of Trusts
Early termination of Florida trusts – can you end a trust sooner than it says? In some circumstances, you may. It depends on a number of factors, one of which is does everybody agree to do it, including the trustee. If everybody agrees, you might be able to end a trust, or terminate a Florida trust, earlier than expected. You may not be able, though, and you may need to get a probate court in and render a decision as whether you can terminate it. I know trust beneficiaries out there want their money now. They want it sooner than later. They look at trusts as handcuffs on your wealth, so talk to an experienced trust litigator who’s actually terminated trusts earlier than expected.