Legal Question in Wills and Trusts in Indiana
Is the surviving spouse REQUIRED to take the interest/dividends from the B portion of an A-B trust per the terms of the trust? In other words, can one decline in a given year to take the interest/dividends distribution from the B trust (knowing the trust would pay the taxes on the income that year?)
Asked on 12/28/12, 9:35 am
1 Answer from Attorneys
Kenneth Wilk
Rubino Ruman Crosmer & Polen
It's the trustee who makes the decision.
Answered on 12/29/12, 9:42 am
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