Mass. Gen. Laws ch. 203D, § 25: Disbursements from income

Section 25. A trustee shall make the following disbursements from income if they are not disbursements to which clause (ii) or (iii) of paragraph (2) of section 6 applies:

(1) so much of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee, and expenses for accountings, judicial proceedings or other matters that involve both the income and remainder interests as shall be determined by the trustee;

(2) all of the other ordinary expenses incurred in connection with the administration, management or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed against principal and expenses of a proceeding or other matter that concerns primarily the income interest; and

(3) recurring premiums on insurance covering the loss of a principal asset or the loss of income from or use of the asset.