Montana § 72-34-434 - Allocation Of Amounts Received From Specified Trusts Or Estates

Full text of Montana Montana Code Annotated § 72-34-434 — Allocation Of Amounts Received From Specified Trusts Or Estates, with citation guidance and answers to common questions.

§ 72-34-434. Allocation Of Amounts Received From Specified Trusts Or Estates

Allocation of amounts received from specified trusts or estates. A trustee shall allocate to income an amount received as a distribution of income from a trust or a decedent's estate, other than an interest in an investment entity, 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 the trust or estate.

Source: official Montana text · Last verified 2026-08-27

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Frequently Asked Questions About Montana § 72-34-434

What does Montana Code Annotated § 72-34-434 cover?

Section 72-34-434 ("Allocation Of Amounts Received From Specified Trusts Or Estates") is part of the Montana Code Annotated, the codified statutory law of Montana. 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 Montana § 72-34-434?

A common citation format is "Montana Code Annotated § 72-34-434" (Montana). 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 Montana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.

How does Montana § 72-34-434 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana 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 Montana.