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What Is Needed to Close A Miller Trust?

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Question: 
What is needed to close a Miller Trust? Should the balance be returned to the government? We have an account with a $28.00 balance.
Answer: 

It is not your responsibility to close a trust account or give advice on how it should be closed. The document should tell the trustee what to do with funds remaining after the beneficiary's date of death.

First published on BankersOnline.com 5/13/13

First published on 05/13/2013

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