See if you are working with managed Environment, when an object is instantiated it will automatically dispose off if it is out of scope. The Disposal is actually taken care of by Garbage collection.
If you are using UnManaged objects, its your responsibility to close resources before making the object out of scope.
Garbage collection periodically turns on and start collecting all the objects that are out of scope. If you need to work on large objects, you can try using WeakReference class which will hold the object but also expose it for Garbage collection.
Read about WeakReference and garbage collection from here:
http://www.abhisheksur.com/2010/07/garbage-collection-algorithm-with-use.html
I hope this would help you.