Colorado § 15-1.2-413 Marital deduction property not productive of income

Colorado Statutes

§ 15-1.2-413 — Marital deduction property not productive of income

Colorado § 15-1.2-413

Title 15Probate,

Art.Uniform Fiduciary Income and Principal Act

This text of Colorado § 15-1.2-413 (Marital deduction property not productive of income) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 15-1.2-413 (2026).

Text

(1)If a trust received property for which a gift or estate tax marital deduction was allowed and the settlor's spouse holds a mandatory income interest in the trust, the spouse may require the trustee, to the extent the trust assets otherwise do not provide the spouse with sufficient income from or use of the trust assets to qualify for the deduction, to:

(a)Make property productive of income;

(b)Convert property to property productive of income within a reasonable time; or

(c)Exercise the power to adjust under section 15-1.2-203.

(2)The trustee may decide which action or combination of actions in subsection (1) of this section to take.

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(1) If a
trust received property for which a gift or estate tax marital deduction was allowed
and the settlor's spouse holds a mandatory income interest in the trust, the spouse
may require the trustee, to the extent the trust assets otherwise do not provide the
spouse with sufficient income from or use of the trust assets to qualify for the
deduction, to:

(a) Make property productive of income;

(b) Convert property to property productive of income within a reasonable
time; or

(c) Exercise the power to adjust under section 15-1.2-203.

(2) The trustee may decide which action or combination of actions in
subsection (1) of this section to take.