50. Do trusts end?

A trustAn arrangement in which property interests are legally held by one person (the trustee) at the request of another (the settlor) for the benefit of a third party (the beneficiary). only ends when it has been revoked or the terms of the trust have been satisfied for the termination of the trust, for example, upon the final distributionThe act of dividing a decedent’s assets according to the terms of the decedent’s will, the terms of a trust, or according to the laws of intestacy. of the last of the trust’s assets.