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Louisiana · Through 2025 First Extraordinary Session

RS 9:2164: Underproductive property

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Where this section sits in the code
  1. TITLE 9. CIVIL CODE-ANCILLARIES
  2. SUBPART F. POWER TO MAKE PROPERTY PRODUCTIVE OF INCOME

If a marital deduction is allowed for all or part of a trust whose assets consist substantially of property that does not provide the spouse with sufficient income from or use of the trust assets, and if the amounts that the trustee transfers from principal to income under R.S. 9:2158 and distributes to the spouse from principal pursuant to the terms of the trust are insufficient to provide the spouse an interest required to obtain the marital deduction, the spouse may require the trustee to make property productive of income, convert property within a reasonable time, or exercise the power conferred by R.S. 9:2158. The trustee may decide which action or combination of actions to take.

Collected 2026-09-14T04:49:33Z. Source file · JSON

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