{"data":{"id":"us-fl/fla.-stat.-738.310","jurisdiction":"us-fl","citation":"Fla. Stat. § 738.310","heading":"Other rules.","body":"Following the conversion of an income trust to a unitrust, the trustee shall consider the unitrust amount as paid from the following sources, which are listed in order of priority:\n(1) Net accounting income determined under this chapter as if the trust were not a unitrust;\n(2) Ordinary income not allocable to net accounting income;\n(3) Net realized short-term capital gains;\n(4) Net realized long-term capital gains; and\n(5) The principal of the trust.\nHistory.—s. 19, ch. 2024-216.","path":["CHAPTER 738 UNIFORM FIDUCIARY INCOME AND PRINCIPAL ACT"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0700-0799/0738/0738.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:13:31Z","sha256":"f140606707c533cb6d5f0ee4ad384c98823dd68b59b64795fc65842e2cad7ff4","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-738.309","next":"us-fl/fla.-stat.-738.401"},"notice":"GroundRules: Original legal text. Not legal advice."}