11.104B.500 – Death or termination of interest—Determination and distribution of net income.
RCW 11.104B.500 Death or termination of interest—Determination and distribution of net income. (1) This section applies when: (a) The death of an individual results in the creation of an estate or trust; or (b) An income interest in a trust terminates, whether the trust continues or is distributed. (2) A fiduciary of an estate or […]
11.104B.510 – Death or termination of interest—Distribution to successor beneficiary.
RCW 11.104B.510 Death or termination of interest—Distribution to successor beneficiary. (1) Except to the extent Article 3 of this chapter applies for a beneficiary that is a trust, each beneficiary described in RCW 11.104B.500(6) is entitled to receive a share of the net income equal to the beneficiary’s fractional interest in undistributed principal assets, using […]