• You may be able to use a power of adjustment or go to court for permission to move the trust to a TRU-friendly state.

    FORBES: New Cash From Old Trusts

  • Warning: If the TRU payout is too high, the trust may run down.

    FORBES: New Cash From Old Trusts

  • Since June, Delaware, New York and Missouri have all passed laws allowing a trustee to convert an old-fashioned trust like Roe's into something called a total return unitrust (TRU).

    FORBES: New Cash From Old Trusts

  • Whereas an old-style trust pays out only investment income (dividends and interest) to "income" beneficiaries, a TRU pays them a fixed percentage of its value annually--typically 3% to 5%.

    FORBES: New Cash From Old Trusts

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