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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
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Warning: If the TRU payout is too high, the trust may run down.
FORBES: New Cash From Old Trusts
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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
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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