"Closing" of a trust - Whether, when and how to do it
02 May 2019, Corné Nunns
Many years ago, when trusts were very popular, we decided to create a family trust in which to accumulate our... assets, as it seemed to be the right thing to do at the time. However, we have never used the trust and since its creation it has been dormant without any activity or assets. Is it possible to close a trust?