Dissolving a Trust Fund
What is the procedure for
dissolving a trust fund in
Connectictut? The trustor is
deceased, the trustee no longer
wants the responsibility and
wishes to dissolve the trust and
distribute all funds to the
beneficiary.
Re: Dissolving a Trust Fund
Is the trust being overseen by a probate court? If not, the trustee and beneficiary should draw up an appropriate hold-harmless and release agreement and then simply distribute the funds.
