Blog Post
Completion of the Trust Administration
7/20/2025
The final step in trust administration is closing the trust. The trustee prepares a detailed accounting of all financial activities, including distributions, payments, and tax filings. Beneficiaries review and approve the report, ensuring transparency and understanding of the process.
After beneficiaries approve the accounting, the trustee distributes any remaining funds or assets as outlined in the trust. This step often brings satisfaction to beneficiaries as they receive their fair share. Once distributions are complete, the trustee’s duties end, and the trust is officially closed.
Closing the trust marks the completion of the process and reflects the trustee’s dedication. Following the trust’s terms, the trustee fulfills the grantor’s wishes, honors their legacy, and provides beneficiaries clarity and peace of mind.
San Diego Probate Attorneys
San Diego, CA 92101