Trustee rules clarify income allocation after beneficiary's death Fiduciaries must allocate income receipts based on decedent's status and payment dates.

Missouri's House Bill 608 is set to reshape fiduciary practices by clarifying how trust income should be allocated after a beneficiary's death, potentially reducing disputes and litigation costs.

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#MO #FiduciaryLaw #MissouriTrusts #EstatePlanning #CitizenPortal #IncomeAllocation

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www.theguardian.com/culture/2021/nov/19/doze... #fiduciarylaw