N.Y. Estates, Powers & Trusts Law Section 11-A-4.2
Distribution from trust or estate

§ 11-A-4.2 Distribution from trust or estate A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, 11-A-4.1 or 11-A-4.15 applies to a receipt from the trust.

Source: Section 11-A-4.2 — Distribution from trust or estate, https://www.­nysenate.­gov/legislation/laws/EPT/11-A-4.­2 (updated Sep. 22, 2014; accessed Feb. 28, 2026).

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Verified:
Feb. 28, 2026

Last modified:
Sep. 22, 2014

§ 11-A-4.2. Distribution from trust or estate's source at nysenate​.gov

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