J
Josh Winstead
Guest
My Q-TIP Trust states that income pay-out to the income beneficiary will be on a "unitrust" basis with 5 1/2% of the corpus of the trust paid annually. Corpus to be recomputed at beginning of each year .. etc. Will this provision satisfy the Feds. for the annual "income distribution" requirement? If so, what are the maximum and minimum percentage pay-outs? Thanks