Powers of Trustee to Continue Until Final Distribution Clause Samples
The "Powers of Trustee to Continue Until Final Distribution" clause defines that the trustee retains all their powers and authority under the trust until the trust assets are fully distributed to the beneficiaries. In practice, this means the trustee can continue to manage, invest, and administer the trust property, pay expenses, and make decisions as necessary, even after the trust's primary purposes have been fulfilled but before the final distribution is completed. This clause ensures that the trustee can effectively wind up the trust's affairs and address any outstanding matters, preventing gaps in authority that could complicate the trust's administration during its final stages.
Powers of Trustee to Continue Until Final Distribution. To exercise any of such powers after the date on which the principal and income of the Trust shall have become distributable and until such time as the entire principal of, and income from the Trust shall have been actually distributed by the Trustee (it is intended that the distribution of the Trust will occuras soon as possible upon termination of the Trust, subject, however, to the limitations contained in Sections 2.06 and 2.07 hereof).
Powers of Trustee to Continue Until Final Distribution. To exercise any of such powers until such time as the entire principal of, and income from, the Trust Fund has been actually distributed by the Trustee and all Trust Property has been sold or otherwise disposed of.
Powers of Trustee to Continue Until Final Distribution. To exercise any of such powers after the date on which the principal and income of the Funds under the Master Trust shall have become distributable and until such time as the entire principal of, and income from, the Master Trust shall have been actually distributed by the Trustee. It is intended that distribution of one or more of the Funds under the Master Trust will occur as soon as possible after termination of the Master Trust or any Fund.