When a current trust beneficiary is temporarily lacking: What should be done with income accruing during hiatus?

Section 8.41 of Loring and Rounds: A Trustee’s Handbook (2020), transcribed in its entirety in the appendix below, suggests a number of default possibilities including (1) imposing a resulting trust upon income that accrues during the hiatus, (2)...
By: Charles E. Rounds, Jr.