Proposed Pennsylvania Uniform Principal and Income Act
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Proposed Pennsylvania Uniform Principal and Income Act and other proposed amendments by Pennsylvania. General Assembly. Advisory Committee on Decedents" Estates Laws.

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Published by Joint State Government Commission in Harrisburg, Pa .
Written in English

Subjects:

Places:

  • Pennsylvania.

Subjects:

  • Trusts and trustees -- Pennsylvania.,
  • Inheritance and succession -- Pennsylvania.,
  • Decedents" estates -- Pennsylvania.

Book details:

Edition Notes

Statementreport of the Advisory Committee on Decedents" Estates Laws.
ContributionsPennsylvania. General Assembly. Joint State Government Commission.
Classifications
LC ClassificationsKFP144 .A25 2001
The Physical Object
Paginationix, 126 p. ;
Number of Pages126
ID Numbers
Open LibraryOL3625214M
LC Control Number2002410175
OCLC/WorldCa47094162

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The proposed legislation contains the following recommendations: Enact the Pennsylvania Uniform Principal and Income Act as Chapter 81 of Title 20; Permit a trustee to convert a trust to a unitrust (§ ) Incorporate the concept of the principal place of the trust's administration as the primary basis for determining the situs of the trust (§ ). Get this from a library! Proposed Pennsylvania Uniform Principal and Income Act: and other proposed amendments. [Pennsylvania. General Assembly. Advisory Committee on Decedents' Estates Laws,; Pennsylvania. General Assembly. Joint State Government Commission.]. The Proposed Pennsylvania Uniform Trust Act and Amendments to the Probate, Estates and Fiduciaries Code - November, Topic: Decedents, Estates, and Fiduciaries. other matters governed by Title It contains the proposed Pennsylvania Uniform Trust Act as Subchapters A through I of a new Chapter 77 to Title The Pennsylvania Uniform Trust Act borrows heavily from the structure and content of the UTC;5 however, where appropriate, it deviates from and replaces provisions of the UTC to preserveFile Size: KB.

New Pennsylvania Principal and Income Act. Report on the New Law with Official Comments by the Advisory Committee on Decedents' Estates Laws of the Joint State Goverment Commission; Special Insert to the Report on the New Law with Official Comments by the Advisory Committee on Decedents' Estates Laws of the Joint State Goverment Commission. PRINCIPAL AND INCOME. Subchapter. A. Preliminary Provisions; Power to Adjust; Power to Convert to Unitrust This chapter shall be known and may be cited as the Pennsylvania Uniform Principal and Income Act. 20cs § Definitions. Act 98 amended par. (2). Cross References. Section is referred to in sections , of. Home / Statutes of Pennsylvania / Consolidated Statutes / Title Title Text Size: A A A Print. Visitor Information. Interested in visiting the State Capitol? For information on visiting the Capitol Complex, please visit Contact.   The proposed amendments and comment regarding § are contained in this report. Proposed Amendments to the Uniform Principal and Income Act; On February 8, and February 8, , the Advisory Committee met to discuss and reach consensus on amendments to 20 Pa.C.S. Chapter 81 (Pennsylvania Uniform Principal and Income Act).

Chapter 3: PENNSYLVANIA UNIFORM PRINCIPAL AND INCOME ACT: Introduction: Definitions Under the Pennsylvania Uniform Principal and Income Act—§ To Whom Does the Pennsylvania Uniform Principal and Income Act Apply?—§ When Does the Pennsylvania Uniform Principal and Income Act Apply?—§ - Mandatory disbursements from principal. - Discretionary allocation of disbursements. - Transfers from income to principal for depreciation. - Transfers from income to reimburse principal. - Income taxes. - Adjustments between principal and income because of taxes. Subchapters F and G (Reserved). Proposed Amendments to the Uniform Principal and Income Act On February 8, and February 8, , the Advisory Committee met to discuss and reach consensus on amendments to 20 Pa.C.S. Chapter 81 (Pennsylvania Uniform Principal and Income Act). First, the Advisory Committee considered proposedFile Size: KB. -- Extensive analysis with text of the proposed updated Uniform Principal and Income Act -- A detailed page index for easy cross-referencing -- Also included are 27 detailed case studies.