Ashley Gill

Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C.

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Out with the Old, in with the Updated – Arkansas Adopts the Uniform Fiduciary Income and Principal Act

Is it principal or it is income? This question has plagued trust beneficiaries, trustees, accountants, and attorneys since trusts have been used. The answer to the question is important, because the answer generally controls...more

5/18/2021 / Beneficiaries , Discretionary Functions , Fiduciary , Investment , IRS , New Guidance , State and Local Government , State Legislatures , Trustees , Trusts

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Ashley Gill

Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C.

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Latest Posts › Discretionary Functions

Out with the Old, in with the Updated – Arkansas Adopts the Uniform Fiduciary Income and Principal Act

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