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December 14, 2025 Snow | 31°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
  3. Title II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS
  4. Chapter 203D PRINCIPAL AND INCOME
  5. Section 19 Liquidating asset

Section 19

Section 19: Liquidating asset

Section 19. A trustee shall allocate to income 10 per cent of the receipts from a liquidating asset and the balance to principal.