25 C.F.R. § 115.504   If you have a life estate interest in income-producing trust assets, how will you receive the income?


Title 25 - Indians


Title 25: Indians
PART 115—TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
Subpart D—IIM Accounts: Estate Accounts

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§ 115.504   If you have a life estate interest in income-producing trust assets, how will you receive the income?

If you have a life estate interest in income-producing trust assets, which is earning income, OTFM will open an IIM-life estate account for you and funds will be distributed after BIA has certified ownership of the trust funds.

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