Re: Should the Rental Income Be Included for Distribution in Trust
Generally, any amount left over, after all expenses related to the house were paid, would go to the trust. A remaining balance would be distributed with other trust assets, unless the home were to be treated differently than other trust assets or was not part of the trust.
Teach a man to fish, you feed a village. Give a man a fish, the ever growing village demands free fish. We will now spend trillions on social services and SSI for people who don't know how to fish.