{"data":{"id":"us-wy/wyo.-stat.-2-3-818","jurisdiction":"us-wy","citation":"Wyo. Stat. § 2-3-818","heading":"Insubstantial allocation not required.","body":"(a) If a trustee determines that an allocation between principal and income required by W.S. 2-3-819 through 2-3-822 or 2-3-825 is insubstantial, the trustee may allocate the entire amount to principal unless one of the circumstances described in W.S. 2-3-804(c) applies to the allocation. This power may be exercised by a cotrustee in the circumstances described in W.S. 2-3-804(d) and may be released for the reasons and in the manner described in W.S. 2-3-804(e). An allocation is presumed to be insubstantial if:\n(i) The amount of the allocation would increase or decrease net income in an accounting period, as determined before the allocation, by less than ten percent (10%); or\n(ii) The value of the asset producing the receipt for which the allocation would be made is less than ten percent (10%) of the total value of the trust's assets at the beginning of the accounting period.","path":["TITLE 2 - WILLS, DECEDENTS' ESTATES AND PROBATE CODE","CHAPTER 3 - FIDUCIARIES","ARTICLE 8 - PRINCIPAL AND INCOME"],"source_url":"https://wyoleg.gov/statutes/compress/title02.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:31Z","sha256":"dcfebed74fe4d228f215275ac7c9d4001bc1254530901b9e5a3b2ffe69df73d6","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-2-3-817","next":"us-wy/wyo.-stat.-2-3-819"},"notice":"GroundRules: Original legal text. Not legal advice."}