Tag Archives: uniform principal and income act

Trust Allocation of Timber Sale Proceeds under the Uniform Principal and Income Act

Posted on December 10, 2012 by Steve Masterson

The Uniform Principal and Income Act (the “UPAIA”) was completed by the Commissioners on Uniform State Laws in 1997.  The UPAIA was adopted shortly afterward by the State of Idaho.  It has been adopted as of the writing of this … Continue reading →

Posted in Duties of Trustee, fiduciary, Trust, Trust Administration, trust beneficiary, trustee | Tagged , , , , , , , | 2 Comments

Correct Trust Principal and Income Accounting is Critical!

Posted on July 28, 2011 by Steve Masterson

Not too long ago, I was called to help out the remainder beneficiaries of a Trust. These beneficiaries were siblings and their dad had passed away. Before he died, Dad had been an income beneficiary of a separate Trust for … Continue reading →

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