• Blog Post

    Terminating a Trust when its Goals are Impossible to Achieve

              Trusts can be terminated in a variety of ways.  Trusts may be terminated because, over time, the goals of the trust become impossible to achieve.  Last month, the Michigan Court of Appeals heard a case, Trupp v. Naughton, presenting such a scenario.[1]  The case was based a trust created for three of the settlor’s children: Donna, Brian, and Deborah.  The trust contained a lakefront house and directed the adult children to work out a yearly schedule for using the house and paying the maintenance costs.  Pursuant to the terms of the trust, the beneficiaries were allowed to terminate the trust and sell the lake house…