Indiana § 30-2-15-17 Unitrust amount; successive years

Indiana Statutes

§ 30-2-15-17 — Unitrust amount; successive years

Indiana·Art. 2 GENERAL PROVISIONS·Ch. 15 Total Return Unitrusts

Beginning with the third year of the trust, and each year after that year, the unitrust amount for a current valuation year of the trust is the product of the unitrust rate multiplied by the average of the net fair market values of the assets held in the trust on the first business day of:

(1)the current valuation year; and

(2)each of the two (2) years of the trust immediately preceding the current valuation year.

Free access — add to your briefcase to read the full text and ask questions with AI

Beginning with the third year of the trust,
and each year after that year, the unitrust amount for a current valuation
year of the trust is the product of the unitrust rate multiplied by the
average of the net fair market values of the assets held in the trust on
the first business day of:
(1) the current valuation year; and
(2) each of the two (2) years of the trust immediately preceding
the current valuation year.

Indiana § 30-2-15-17 (Unitrust amount; successive years) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.