2010 Alaska Statutes
Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS
Chapter 13.38. ALASKA PRINCIPAL AND INCOME ACT
Sec. 13.38.360. Court orders regarding unitrust.
The trustee or, if the trustee declines to petition the court, a beneficiary may petition the court to
(1) select a payout percentage different than four percent;
(2) provide for a distribution of net income, as would be determined if the trust were not a unitrust, in excess of the unitrust distribution if the distribution is necessary to preserve a tax benefit;
(3) average the valuation of the trust's net assets over a period other than three years.
Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
