What is the name of your state (only U.S. law)? Oregon Does anyone have any reason(s) why an immediate liquidation of trust assets would not be advisable for a very "clean" trust? There a six real estate properties plus cash assets. Change titles and be done. There are no debts on anything. The trust would have zero income with the immediate (one week) liquidation. This seems like the best "hassle-free" procedure. There are zero conflicts with the three beneficiaries.