Extinction of trusts: termination occurs on completion, illegality, impossibility, or express revocation of a revocable trust. A trust is extinguished when its purpose is completely fulfilled, becomes unlawful, becomes impossible to fulfil by destruction of the trust property or otherwise, or when a revocable trust is expressly revoked, identifying completion, illegality, impossibility, and express revocation as the operative grounds for termination.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Extinction of trusts: termination occurs on completion, illegality, impossibility, or express revocation of a revocable trust.
A trust is extinguished when its purpose is completely fulfilled, becomes unlawful, becomes impossible to fulfil by destruction of the trust property or otherwise, or when a revocable trust is expressly revoked, identifying completion, illegality, impossibility, and express revocation as the operative grounds for termination.
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