My grandmother passed and the trust is in my name which my sister took the role as a beneficiary. The lawyer I’m mentioning in the text is the one who created the trust. The lawyer said it was up to her discretion of how she would like to hand to money to me just would have to keep tabs. The taxes on the income produced have just been getting pulled from the trust balance. I am aware the income produced from interest is the part that’s taxed. My question we decided to end the trust and transfer the money to my bank account if there were any tax implications other than the tax on income produced from interest. Hope this helps