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The trust, as an irrevocable trust
, can only be disbursed ahead of his 21st birthday with his consent, the consent of the trustees AND an order from the court. This means that if the trust designates that bills have to be paid from the trust that the creditors have to be notified as well and they could object to the early termination of the trust. Disbanding a irrevocable trust can be difficult in normal situations and it is more difficult where creditors are involved in the trust as well as if the court finds the disbanding of the trust is to avoid paying the creditors it would be disallowed.
If there are no creditors involved in the payments from the trust then it would only be the consent of the trustees and beneficiary
that would be required before the court can issue a ruling on disbanding the trust.
Of course, this means having to hire an attorney to handle this matter too, so this is another cost that will have to be paid out by the trust to take the matter to court.
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