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Investors & landlords
I appreciate your additional input.
In reply, the trust document does not as you mention some clauses do, a seperete clause that addresses , but it does have a clause that addresses both principal and income, which is provided below.
(" THE TRUSTEE: Shall determine what shall belong and be chargeable to principle and what shall belong and be chargeable to income and in making that determination , the trustee may employ a accountant on his/ her opinion to amortize or refrain from amortizing bond premiums" )
With the above said, I have 1 final question,
I am not sure if the above clause, may have something to do with what you were mentioning in your previous response, but regardless would this additional trust clause I provided along with the original trust clause I provided, give you more information to provide a more definite answer regarding my initial question (since you were not 100% sure) which again is do I have the right as trustee to make distributions of trust rental income to beneficiary's?
Thanks for your time and thoughts on the matter.