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Abstract: 

Trustees are finding it increasingly challenging to generate enough trust income to support satisfactory distributions to current beneficiaries. New options are available that allow trustees to enhance and stabilize the amounts distributed to income beneficiaries each year. These options have significant implications for grantors, beneficiaries, and trustees. The tax consequences of employing the various options are often difficult to decipher, and may play a key role in deciding which option is best for any given situation.

Keywords:  trust distributions; total return unitrust; trust accounting income; distributable net income; UPAIA

Affiliations:  1: Wichita State University School of Accountancy.