GroundRules
D.C. Code § 28-4804.02: Distribution from trust or estate.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Chapter 48. Principal and Income; Uniform Law.
- Subchapter IV. Allocation of Receipts During Administration of Trust.
- Subpart 1. Receipts From Entities.
A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, § 28-4804.01 or § 28-4804.15 applies to a receipt from the trust.
Collected 2026-08-29T05:44:07Z. Source file · JSON