{"data":{"id":"us-me/18-c-m.r.s.-7-461","jurisdiction":"us-me","citation":"18-C M.R.S. §7-461","heading":"Disbursements from income","body":"A trustee shall make the following disbursements from income to the extent that they are not disbursements to which section 7‑421, subsection 2, paragraph B or C applies:\n1.  Compensation.  One-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee;\n2.  Expenses; income and remainder interests.  One-half of all expenses for accountings, judicial proceedings or other matters that involve both the income and remainder interests;\n3.  Other ordinary expenses.  All of the ordinary expenses other than those specified in subsections 1 and 2 incurred in connection with the administration, management or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed against principal and expenses of a proceeding or other matter that concerns primarily the income interest; and\n4.  Recurring premiums.  Recurring premiums on insurance covering the loss of a principal asset or the loss of income from or use of the asset.","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-Csec7-461.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:29Z","sha256":"f2fd3fab52dd550cc1e9fe6835b2c15b175cbb4588a10046582bd8268aa82a8c","source_id":"us-me","stale":false,"prev":"us-me/18-c-m.r.s.-7-455","next":"us-me/18-c-m.r.s.-7-462"},"notice":"GroundRules: Original legal text. Not legal advice."}