{"data":{"id":"us-al/ala.-code-19-3a-402","jurisdiction":"us-al","citation":"Ala. Code § 19-3A-402","heading":"Distributions from Trust or Decedent’s Estate.","body":"A fiduciary shall allocate to income an amount received as a distribution of income from a trust or a decedent’s 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 decedent’s estate. If a fiduciary 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 fiduciary, then Section 19-3A-401 or Section 19-3A-415 applies to a receipt from such a trust.","path":["Title 19 Fiduciaries and Trusts.","Chapter 3A Alabama Principal and Income Act.","Article 4 Allocation of Receipts During Administration."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=19-3A-402","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"1389d1c5d2a930fd6fd6647bbcb142a891bd2c9a45f64dc00d6a0517cb94cbf0","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-19-3a-401","next":"us-al/ala.-code-19-3a-403"},"notice":"GroundRules: Original legal text. Not legal advice."}