Missouri  |  Wills and Trusts

Legal Question

Asked on: 7/09/03, 7:58 pm

How do you break a trust?

My grandfather passed away Dec. 2002. He has assets of about 300,000 in various forms. He left a trust agreement stating that a bank has control over the money until my mother and uncle passes away, they are in their 60's. The bank will charge a large fee for the money each year until then. At the time of their death my brother sister and I will recieve the money. I am wondering if there is a way that we can sign over the trust to my mother and uncle so the money can be used now. If we don't the fee charged will use most of the money.

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