{"data":{"id":"us-ky/krs-386.468","jurisdiction":"us-ky","citation":"KRS 386.468","heading":"Distribution from trust or estate.","body":"A trustee shall allocate to income an amount received as a distribution of income from a\ntrust or an estate in which the trust has an interest other than a purchased interest, and\nshall allocate to principal an amount received as a distribution of principa l from such a\ntrust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a\ndecedent or donor transfers an interest in such a trust to a trustee, KRS 386.466 applies to\na receipt from the trust.","path":["KRS Chapter 386"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35926","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:16Z","sha256":"f368f51168b540d0e0b10af47c027e234a3fa3ba753b7862038a3d5a15b90608","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386.466","next":"us-ky/krs-386.470"},"notice":"GroundRules: Original legal text. Not legal advice."}