{"data":{"id":"us-sc/s.c.-code-ann.-62-7-904f","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 62-7-904F","heading":"Administration of a total return unitrust.","body":"In administering a total return unitrust, the trustee may, in its sole discretion but subject to the terms of the trust, determine:\n(1) the effective date of the conversion;\n(2) the timing of distributions, including provisions for prorating a distribution for a short year in which a beneficiary's right to payments commences or ceases;\n(3) whether distributions are to be made in cash or in kind or partly in cash and partly in kind;\n(4) if the trust is reconverted to an income trust, the effective date of the reconversion; and\n(5) any other administrative issues as may be necessary or appropriate to carry out the purposes of Sections 62-7-904B through 62-7-904P.","path":["Title 62 - SOUTH CAROLINA PROBATE CODE","ARTICLE 7 South Carolina Trust Code","Part 9 South Carolina Uniform Principal and Income Act"],"source_url":"https://www.scstatehouse.gov/code/t62c007.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T08:08:54Z","sha256":"23c9360931ff67fdb01e6ddfddc6440f050fb1b7f1f173ed48c0aa7d7ecf0041","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-62-7-904e","next":"us-sc/s.c.-code-ann.-62-7-904g"},"notice":"GroundRules: Original legal text. Not legal advice."}