2005 Idaho Code - 68-10-501 — DISBURSEMENTS FROM INCOME

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 10
                       UNIFORM PRINCIPAL AND INCOME ACT
                                   PART 5.
          ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST
    68-10-501.  DISBURSEMENTS FROM INCOME. A trustee shall make the following
disbursements from income to the extent that they are not disbursements to
which section 68-10-201(2)(B) or (2)(C), Idaho Code, applies:
    (1)  One-half (1/2) of the regular compensation of the trustee and of any
person providing investment advisory or custodial services to the trustee;
    (2)  One-half (1/2) of all expenses for accountings, judicial proceedings,
or other matters that involve both the income and remainder interests;
    (3)  All of the other ordinary expenses incurred in connection with the
administration, management, or preservation of trust property and the
distribution of income, including interest, ordinary repairs, regularly
recurring taxes assessed against principal, and expenses of a proceeding or
other matter that concerns primarily the income interest; and
    (4)  Recurring premiums on insurance covering the loss of a principal
asset or the loss of income from or use of the asset.