2020 Wyoming Statutes
Title 2 - Wills, Decedents' Estates and Probate Code
Chapter 3 - Fiduciaries
Article 8 - Principal and Income
Section 2-3-812 - Distribution From Trust or Estate.

Universal Citation: WY Stat § 2-3-812 (2020)

2-3-812. Distribution from trust or estate.

A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, W.S. 2-3-811 or 2-3-825 applies to a receipt from the trust.

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