GroundRules
AS 13.38.820: Discretionary allocation of expenses.
Where this section sits in the code
- Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
- Chapter 38. Alaska Principal and Income Act.
- Article 7. Allocation of Disbursements During Administration of Trust.
Subject to AS 13.38.800 and 13.38.810, a trustee may, in the trustee's discretion, allocate to income or principal or partly to each ordinary expenses incurred in connection with the administration, management, or preservation of trust property and the distribution of income, including the compensation of the trustee and of a person providing investment advisory, custodial, or income tax return preparation services to the trustee.
Collected 2026-09-02T06:16:54Z. Source file · JSON