Wyoming § 2-3-835 Trustee discretion to include capital gains in
income

Wyoming Statutes

§ 2-3-835 — Trustee discretion to include capital gains in income

Wyoming·Title 02 Wills, Decedents' Estates and Probate Code·Ch. 3 FIDUCIARIES·Art. 8 PRINCIPAL AND INCOME

(a)To the extent a trustee is given the power to make mandatory or discretionary distributions of income, the trustee may, on an annual basis, include realized capital gains in trust income and in determining section 643(a) of the Internal Revenue Code distributable net income, if the allocation is reasonable and impartial.

(b)To the extent a trustee is given the power to make mandatory or discretionary distributions of principal, the trustee may, on an annual basis, include realized capital gains in determining Section 643(a) Internal Revenue Code distributable net income, if the allocation is reasonable and impartial.

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(a) To the extent a trustee is given the power to make
mandatory or discretionary distributions of income, the trustee
may, on an annual basis, include realized capital gains in trust
income and in determining section 643(a) of the Internal Revenue
Code distributable net income, if the allocation is reasonable
and impartial.
(b) To the extent a trustee is given the power to make
mandatory or discretionary distributions of principal, the
trustee may, on an annual basis, include realized capital gains
in determining Section 643(a) Internal Revenue Code
distributable net income, if the allocation is reasonable and
impartial.

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