14-7422

14-7422. 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 14-7403 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 section 14-7403, subsection A. 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.