{"data":{"id":"us-mo/mo.-rev.-stat.-469.429","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 469.429","heading":"Allocations to principal.","body":"A trustee shall allocate to principal:\n(1) To the extent not allocated to income pursuant to sections 469.401 to 469.467, assets received from a transferor during the transferor's lifetime, a decedent's estate, a trust with a terminating income interest, or a payer under a contract naming the trust or its trustee as beneficiary;\n(2) Money or other property received from the sale, exchange, liquidation or change in form of a principal asset, including realized profit, subject to sections 469.423 to 469.467;\n(3) Amounts recovered from third parties to reimburse the trust because of disbursements described in subdivision (7) of subsection 1 of section 469.453 or for other reasons to the extent not based on the loss of income;\n(4) Proceeds of property taken by eminent domain, but a separate award made for the loss of income with respect to an accounting period during which a current income beneficiary had a mandatory income interest is income;\n(5) Net income received in an accounting period during which there is no beneficiary to whom a trustee may or shall distribute income; and\n(6) Other receipts as provided in sections 469.435 to 469.449.","path":["Title XXXI - TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY","Chapter 469 - Disclaimers of Property"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=469.429","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"05cabfb85d476076a59b1851169d313ea9ea1e1bb597991e098cfcda4b895772","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-469.427","next":"us-mo/mo.-rev.-stat.-469.431"},"notice":"GroundRules: Original legal text. Not legal advice."}
