{"data":{"id":"us-ny/n.y.-estates-powers-trusts-law-11-a-5.1","jurisdiction":"us-ny","citation":"N.Y. Estates, Powers \u0026 Trusts Law § 11-a-5.1","heading":"Disbursements from income","body":"§ 11-A-5.1 Disbursements from income\n  A trustee shall make the following disbursements from income to the\nextent that they are not disbursements to which subparagraph 11-A-2.1\n(2)(B) or (C) applies:\n  (1) one-third of the regular compensation of any person providing\ninvestment advisory or custodial services to the trustee;\n  (2) if the court shall find that any judicial proceeding primarily\nconcerns income and that it is equitable to charge the expense of such\nproceeding, or a part thereof, to income, the court may direct that all\nor a specified part of the expense of such proceeding, including\nattorney's fees, shall be charged to income;\n  (3) all of the other ordinary expenses incurred in connection with the\nadministration, management, or preservation of trust property and the\ndistribution of income, including interest, ordinary repairs, regularly\nrecurring taxes assessed against principal; and\n  (4) recurring premiums on insurance covering the loss of a principal\nasset or the loss of income from or use of the asset.","path":["Estates, Powers \u0026 Trusts Law","Article 11-A. Uniform Principal and Income Act","Part 5. Allocation of Disbursements During Administration of Trust"],"source_url":"https://legislation.nysenate.gov/api/3/laws/EPT/11-A-5.1","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"914b3bacbe1e6c4b28fac0dab87d20b74417c919a9cd4779f018e6f005e9c354","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-estates-powers-trusts-law-11-a-4.15","next":"us-ny/n.y.-estates-powers-trusts-law-11-a-5.2"},"notice":"GroundRules: Original legal text. Not legal advice."}