What is a trust distribution?

A trust distribution refers to when the trustee of a trust distributes assets from the trust to the trust beneficiary. This happens when the trust document or agreement states that the trustee must distribute a certain amount of trust assets to the beneficiary. Generally, distributions are made when the beneficiary reaches a certain age or upon the occurrence of a certain event. For example, if the trust agreement states that the beneficiary must receive a trust distribution when they turn 18, then the trustee will distribute the required funds to the beneficiary once they reach that age. In Washington, trusts are generally governed by the Washington Trust Code. This code provides guidance on how trustees should handle trust administration and distributions. Trustees should be mindful of the specific provisions of the trust agreement and the Washington Trust Code when making distributions to trust beneficiaries. The trust document should state the criteria for distributions and when the trust assets should be distributed. The trustee is then responsible for ensuring that the distributions are made in accordance with the trust document and the Washington Trust Code.

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