An estate's beneficiary generally must wait until the entity is terminated by the executor to receive any distribution of income.

Question

Quizplus · Accepted Answer

This statement is false. Beneficiaries are entitled to receive income distributions from the estate as soon as the executor is authorized to distribute them. The executor must follow the terms of the will or the laws of the state to determine when and how much income can be distributed to the beneficiaries. The distribution of income can happen before the termination of the estate.

An Estate's Beneficiary Generally Must Wait Until the Entity Is