Hi - my name is XXXXX XXXXX I'm a litigation
attorney. Thanks for your question.
The trustee has the right to close the trust once it has been fully administered. If the trust document contains any provisions regarding closing the trust, the trustee should comply with those provisions.
If the trust doesn't have a specific process for dissolution, it's really fairly simple. The trustee should prepare a written document indicating the trust will be closed or dissolved on a certain date. You should also include pertinent information, such as the full legal name of the trust, the date the trust was created, the place the trust agreement was executed, and the names of the grantors or settlors. Also, you would need to have the beneficiaries
sign the trustee; also, the trustee would need to sign the document.
This document doesn't have to be recorded; but it should be stored with other trust records, such as the original trust document. The main thing is to have everyone involved with the trust to sign off on the dissolution so there's no issue about someone not knowing, etc.
Also, if you have an EIN, you can contact the IRS and inform it to close the number due to the trust being fully administered.