The costs of long-term improvements to the assets of a trust and the proceeds from a sale of the assets are allocated to the principal's beneficiary.

Name: The costs of long-term improvements to the assets of a trust and the proceeds from a sale of the assets are allocated to the principal's beneficiary.
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In a trust, long-term improvements and proceeds from the sale of assets are typically considered principal, which is allocated to the principal's beneficiary.

The Costs of Long-Term Improvements to the Assets of a Trust