Nebraska § 30-3128 - Distribution from trust or estate.
Full text of Nebraska Revised Statutes of Nebraska § 30-3128 — Distribution from trust or estate., with citation guidance and answers to common questions.
§ 30-3128. Distribution from trust or estate.
A trustee shall allocate to income an amount received as a distribution of income from a trust or an 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 estate. If a trustee 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 trustee, section 30-3127 or 30-3141 applies to a receipt from the trust.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 30-3128
What does Revised Statutes of Nebraska § 30-3128 cover?
Section 30-3128 ("Distribution from trust or estate.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. 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 Nebraska § 30-3128?
A common citation format is "Revised Statutes of Nebraska § 30-3128" (Nebraska). 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 Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 30-3128 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska 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 Nebraska.