• 38 minutes

When Early Termination or Modification is Authorized, What Needs to Be Done?


Walk through the administrative steps to terminate a trust.

When the time for the termination of a trust has arrived, the trustee has such powers and duties as are appropriate for the winding up of the trust. The administrative steps are the same for an early termination or a standard termination. The general theme of any trust termination is communication and documentation. These things will keep you out of the most trouble. This video reviews the ongoing fiduciary duties, distribution plans and tax considerations.

Runtime: 37 minutes



Stacey P. Nakasian, Esq.

Stacey P. Nakasian, Esq.

Duffy & Sweeney, LTD

  • Partner in the Providence, R.I. law firm of Duffy & Sweeney, LTD where she chairs the Litigation Department
  • More than 26 years of experience as a commercial litigation and trial lawyer with a specialty in trust and fiduciary law
  • Recognized by Best Lawyers as Lawyer-of-the-Year, 2015, for the categories of litigation-trusts and estates; included in the Top 50 Female New England Super Lawyers, 2013; named as “Leader in the Field” of commercial litigation by Chambers USA for years
  • J.D. degree, Order of the Coif, The George Washington University Law School; B.A. degree, cum laude, University of Virginia
Lauren K. Drury, Esq.

Lauren K. Drury, Esq.

The Washington Trust Company

  • Vice President, Chief Fiduciary Officer
  • Estate planning, estate administration, and trust administration
  • Co-editor of A Practical Guide to Estate Planning in Rhode Island (2022)
  • Member of the Rhode Island Bar, Federal District Court Bar, Estate Planning Council of Rhode Island
  • J.D. degree, Case Western Reserve School of Law; B.A. degree, Muhlenberg College
  • Can be contacted at [email protected] and 401-348-1300

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.