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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If a marital deduction is allowed for all or part of a trust, the spouse may require the trustee to make the trust income productive.
(2) In cases not governed by subsection (1) of this section, proceeds from the sale or other disposition of an asset are principal without regard to the amount of income the asset produces during any accounting period.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXXIII. Administration of Trusts and Estates of Persons Under Disability § 386.488.Property not productive of income - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxxiii-administration-of-trusts-and-estates-of-persons-under-disability/ky-rev-st-sect-386-488/
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