Alabama § 19-3A-402 - Distributions from Trust or Decedent’s Estate.
Full text of Alabama Code of Alabama § 19-3A-402 — Distributions from Trust or Decedent’s Estate., with citation guidance and answers to common questions.
§ 19-3A-402. Distributions from Trust or Decedent’s Estate.
A fiduciary shall allocate to income an amount received as a distribution of income from a trust or a decedent’s estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or decedent’s estate. If a fiduciary purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a fiduciary, then Section 19-3A-401 or Section 19-3A-415 applies to a receipt from such a trust.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 19-3A-402
What does Code of Alabama § 19-3A-402 cover?
Section 19-3A-402 ("Distributions from Trust or Decedent’s Estate.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 19-3A-402?
A common citation format is "Code of Alabama § 19-3A-402" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 19-3A-402 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.