[WSBAPT] Termination of Trust

[Mark Vohr]

Rebecca  - What about getting all the notice parties to waive the thirty days?

Regards,

Mark

Mark C. Vohr, Esq.
Ohana Fiduciary Corp.
Ohana Financial Services
A Washington Trust Company
Mark C. Vohr, J.D., CPG, Principal
PO Box 33710  Seattle, WA  98133
T:  (206) 782-1189 F:  (206) 782-1434
mcv at ohanafc.com      www.ohanafc.com

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Rebecca King
Sent: Thursday, April 9, 2020 1:45 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Termination of Trust

Good afternoon,

I have terminated numerous trusts using the procedure outlined in RCW 11.98.145, sending a Notice of Termination of Trust and waiting the thirty days for a beneficiary to object.  I am ready to terminate a trust and make final distributions, and I am wondering if there is a process, similar to the one for probates under RCW 11.68.110(4), where all the trust beneficiaries waive notice of the termination and we can make distributions immediately.  Given the challenging economic times, some of the beneficiaries could really use the funds now rather than waiting thirty days.

Warmest regards,
Rebecca King
Attorney

Northwest Elder Law Group
2150 N. 107th Street, Suite 501
Seattle, WA 98133
Main: (206) 937-6102
Direct Line and Fax: (206) 866-6544

Providing Services in Elder Law

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