trust income
Fiduciary fund payments
Trust income is money generated by assets held in a trust—interest, dividends, rent, or other earnings distributed to beneficiaries.
Distinguished from trust principal (the underlying assets themselves), trust income typically goes to current beneficiaries while principal may be preserved for future ones: She lived on the trust income from her grandfather's estate.
- dividendsProfits paid to shareholders
- fiduciary dutyObligation to act loyally
- annuitiesPeriodic fixed payments
- royaltiesOngoing payments to creators
- beneficiaryDesignated asset receiver
interest payments · tax deduction · settlor · capital gains tax · estate planning · tax liability · heir · bond yields · tax shelter · probate · grantor · distribution · capital gains · capital gains
trust incomeearned income
Pay from work
wages · salary · active income · business income · investment income
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