Fiduciary Accounting Answer Book

Topics and Contents

Overview Of Basic Fiduciary Concepts
Trust Situs
Overview Of Fidcuiary Accounting
Definitions And Fiduciary Duties -- UPIA Sections 101-103
Trustee's Power To Adjust And Judicial Control -- UPIA Sections 104 And 105
Determining Net Income And Beneficiary Distributions -- UPIA Sections 201 And 202
Apportionment At The Beginning And End Of An Income Interest -- UPIA Sections 301-303
Receipts From Entites, Trusts And Estates -- UPIA Sections 401 And 402
Business And Other Activities Conducted By The Trustee -- UPIA Section 403
Receipts Not Normally Apportioned And Insubstantial Allocations -- UPIA Section 404-408
Deferred Compensation, Annuities And Similar Payments -- UPIA Section 409
Liquidating Assets -- UPIA Section 410
Mineral, Water And Other Natural Resources And Timber -- UPIA Sections 411 And 412
Underproductive Property -- UPIA Section 413
Derivatives, Options And Asset-Backed Securities -- UPIA Sections 414 And 415
Allocation Of Disbursements During The Administration Of A Trust -- UPIA Sections 501 And 502
Transfers From Income To Principal -- UPIA Sectons 503 And 504
Income Taxes And Adjustments Between Principal And Income Because Of Taxes -- UPIA Sections 505 And 506
Appendix A State Appendix -- State Income Tax And Accountiing Rules For Trusts
Appendix B Text Of The Unfiorm Principal And Income Act