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- Alaska Statutes.
- Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
- Chapter 38. Principal and Income of Trusts
- Section 320. Factors to Be Considered.
previous: Section 310
. Judicially Approved Conversion.
next: Section 330
. Directions After Conversion.
AS 13.38.320. Factors to Be Considered.
In deciding whether to exercise the power conferred by AS 13.38.300
, a trustee may consider, among other things,
- (1) the size of the trust;
- (2) the nature and estimated duration of the trust;
- (3) the liquidity and distribution requirements of the trust;
- (4) the need for regular distributions and preservation and appreciation of capital;
- (5) the expected tax consequences of the conversion;
- (6) the assets held in the trust; the extent to which they consist of financial assets, interests in closely held
enterprises, tangible and intangible personal property, or real property; and the extent to which an asset is used by a
- (7) to the extent reasonably known to the trustee, the need of the beneficiaries for present and future distributions
authorized or required by the governing instrument;
- (8) whether and to what extent the governing instrument gives the trustee the power to invade principal or accumulate
income or prohibits the trustee from invading principal or accumulating income and the extent to which the trustee has
exercised a power from time to time to invade principal or accumulate income;
- (9) the actual and anticipated effect of economic conditions on principal and income and the effects of inflation and
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