fordescort12
Returning Member

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.