HB206 — Trusts; amend Alabama Principal and Income Act, permit trustee to adjust between principal and income

HB206 — Trusts; amend Alabama Principal and Income Act, permit trustee to adjust between principal and income · Informed CitizenryHB206 proposes changes to Alabama's Principal and Income Act concerning trusts. Currently, the law governs how trustees manage trust assets by separating the income generated from the principal amo…Open in Informed Citizenry