Distribute trust assets outright The grantor can opt to have the beneficiaries receive trust property directly without any restrictions. The trustee can write the beneficiary a check, give them cash, and transfer real estate by drawing up a new deed or selling the house and giving them the proceeds.

How do you legally describe a trust?

What is a Trust? A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary.

What does it mean to distribute a trust?

A trust distribution is a payment or other distribution of trust assets made by a trustee to one or more trust beneficiary. … A trustee must carefully review the trust instrument to determine the directives that must be followed prior to making any distribution.