{"data":{"id":"us-me/18-c-m.r.s.-7-442","jurisdiction":"us-me","citation":"18-C M.R.S. §7-442","heading":"Distribution from trust or estate","body":"A trustee shall allocate to income an amount received as a distribution of income from a trust or an 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 estate.  If a trustee 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 trustee, section 7‑441 or 7‑455 applies to a receipt from the trust.","path":["TITLE 18-C: PROBATE CODE","PART 4: UNIFORM PRINCIPAL AND INCOME ACT OF 1997"],"source_url":"https://legislature.maine.gov/statutes/18-C/title18-Csec7-442.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:29Z","sha256":"07fad56a78253156937b4a96957dff9723bee15d296174709ef054546fd0d7f0","source_id":"us-me","stale":false,"prev":"us-me/18-c-m.r.s.-7-441","next":"us-me/18-c-m.r.s.-7-443"},"notice":"GroundRules: Original legal text. Not legal advice."}