I am primary beneficiary of a trust I would like to dissolve with the principal going to my children. The trust reads that the principal will be distributed to my children after I have died and when my youngest child is 45 years old. The trust does not say it cannot be dissolved.1) Would it be expensive to dissolve the trust?2) Can I disclaim the principal in favor of my children without any tax liability on my part (It is a GST exempt trust)?3) Will I have to wait until my youngest child is 45 to dissolve it thusly?Thank you for any help on this!
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