{"data":{"id":"us-id/idaho-code-68-10-408","jurisdiction":"us-id","citation":"Idaho Code § 68-10-408","heading":"Insubstantial allocations not required.","body":"If a trustee determines that an allocation between principal and income required by section 68-10-409, 68-10-410, 68-10-411, 68-10-412 or 68-10-415, Idaho Code, is insubstantial, the trustee may allocate the entire amount to principal unless one (1) of the circumstances described in section 68-10-104(c), Idaho Code, applies to the allocation. This power may be exercised by a cotrustee in the circumstances described in section 68-10-104(d), Idaho Code, and may be released for the reasons and in the manner described in section 68-10-104(e), Idaho Code. An allocation is presumed to be insubstantial if:\n(1) The amount of the allocation would increase or decrease net income in an accounting period, as determined before the allocation, by less than ten percent (10%); or\n(2) The value of the asset producing the receipt for which the allocation would be made is less than ten percent (10%) of the total value of the trust’s assets at the beginning of the accounting period.","path":["TITLE 68 TRUSTS AND FIDUCIARIES","CHAPTER 10 UNIFORM PRINCIPAL AND INCOME ACT","PART 4. ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title68/t68ch10/sect68-10-408/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:24:31Z","sha256":"12598917785e631913afadff693c863e4838d09b2f2260d3f4a178c839f5d12c","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-68-10-407","next":"us-id/idaho-code-68-10-409"},"notice":"GroundRules: Original legal text. Not legal advice."}