For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Distribution from trust or estate

14 V.S.A. § 3352
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
3352. Distribution from trust or estate A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate, in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section 3351 or 3365 of this title applies to a receipt from the trust. Added 2011, No. 114 (Adj. Sess.), § 1.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/14/118/03352Fetched: 10/21/2026

Starting a business in Vermont? Vermont LLC guide: costs and requirements