Vermont § 3363 - Property not productive of income
Full text of Vermont Vermont Statutes Online § 3363 — Property not productive of income, with citation guidance and answers to common questions.
§ 3363. Property not productive of income
- (a) If a marital deduction is allowed for all or part of a trust whose assets consist
substantially of property that does not provide the spouse with sufficient income
from or use of the trust assets, and if the amounts that the trustee transfers from
principal to income under section 3324 of this title and distributes to the spouse from principal pursuant to the terms of the trust are
insufficient to provide the spouse with the beneficial enjoyment required to obtain
the marital deduction, the spouse may require the trustee to make property productive
of income, convert property within a reasonable time, or exercise the power conferred
by subsection 3324(a) of this title. The trustee may decide which action or combination of actions to take. (b) In cases not governed by subsection (a) of this section, proceeds from the sale or
other disposition of an asset are principal without regard to the amount of income
the asset produces during any accounting period. (Added 2011, No. 114 (Adj. Sess.), § 1.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3363
What does Vermont Statutes Online § 3363 cover?
Section 3363 ("Property not productive of income") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 3363?
A common citation format is "Vermont Statutes Online § 3363" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3363 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.