The Revised Uniform Principal and Income Act requires that estate income be charged with a reasonable provision for depreciation.

Name: The Revised Uniform Principal and Income Act requires that estate income be charged with a reasonable provision for depreciation.
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The Revised Uniform Principal and Income Act includes provisions for allocating depreciation to estate income to ensure fair distribution between income beneficiaries and remainder beneficiaries.

The Revised Uniform Principal and Income Act Requires That Estate