{"data":{"id":"us-ky/krs-386.490","jurisdiction":"us-ky","citation":"KRS 386.490","heading":"Disbursements from income.","body":"A trustee shall make the following disbursements from income to the extent that they are\nnot disbursements to which KRS 386.456(2)(b) or (2)(c) applies:\n(1) One-half (1/2) of the regular compensation of the trustee and of any person\nproviding investment advisory or custodial services to the trustee;\n(2) One-half (1/2) of all expenses for accountings, judicial proceedings, or other matters\nthat involve both the income and remainder interests;\n(3) All of the other ordinary expenses incurred in connection with  the administration,\nmanagement, or preservation of trust property and the distribution of income,\nincluding interest, ordinary repairs, regularly recurring taxes assessed against\nprincipal, and expenses of a proceeding or other matter that concerns primar ily the\nincome interest; and\n(4) Recurring premiums on insurance covering the loss of a principal asset or the loss\nof income from or use of the asset.","path":["KRS Chapter 386"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35937","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:16Z","sha256":"04d839fa5e7f19e087772f6352d47420fa8faf304ae4bd11aa5e4c4db354dbb6","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386.488","next":"us-ky/krs-386.492"},"notice":"GroundRules: Original legal text. Not legal advice."}