Liquidating Asset

  1. Law
  2. Massachusetts General Laws
  3. Real and Personal Property and Domestic Relations
  4. Descent and Distribution, Wills, Estates of Deceased Persons and Absentees, Guardianship, Conservatorship and Trusts
  5. Principal and Income
  6. Liquidating Asset

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Section 19. A trustee shall allocate to income 10 per cent of the receipts from a liquidating asset and the balance to principal.


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