Does a Trust have to have an ending at some point?
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Does a Trust have to have an ending at some point?
Asked on May 24, 2013 under Estate Planning, Colorado
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
Not in all states but in Colorado it does. It is known as the "Rule Against Perpetuities" which means that a trust can not go on forever. The specifics of the Rule and its applicability to trust law in your state are too complicated for this forum. I would suggest that you speak with an attorney in your area. Good luck.
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