reglab/housing_qa huggingface dataset:
20 PA Cons Stat § 7798 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7798 - Failure to present claim at audit

 § 7798. Failure to present claim at audit. (a) Applicability.--This section applies to a person that, at the audit of a trustee's account, has a claim that:  (1) arose out of the administration of trust property or arises out of the distribution of trust property upon any interim or final accounting of the trust; and  (2) is not reported to the court as an admitted claim. (b) Bar.--A person that fails, at the call for audit or confirmation, to present a claim under subsection (a) shall be forever barred from making a claim against:  (1) trust property distributed pursuant to the audit or confirmation; (2) a distributee of trust property distributed pursuant to the audit or confirmation; and  (3) except as otherwise provided in section 3521 (relating to rehearing; relief granted), trust property awarded back upon further trust pursuant to the audit or confirmation.  (c) Liens and charges unimpaired.--Nothing in this section shall be construed as impairing any lien or charge on real or personal estate of the trust existing at the time of the audit.    Cross References. Section 7798 is referred to in section 7785 of this title.
20 PA Cons Stat § 7799 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7799 - Income on distributive shares

§ 7799. Income on distributive shares. Except as otherwise provided by the trust instrument or by the provisions of section 3543 (relating to income on distributive shares):  (1) If a sum of money is directed to be set aside at a specified time as a separate trust, it shall be entitled to income at the annual rate of 5% from the date it was to be set aside until it is set aside. If a sum of money is directed to be paid outright, it shall be entitled to income at the annual rate of 5% from three months after it became payable until it is paid.  (2) A donee of a gift of specific real or personal property directed to be distributed from a trust shall be entitled to the net income from property given to the donee accrued from the date it became distributable.  (3) All income from real and personal property earned during the administration of a trust and not payable to others pursuant to the governing instrument or the provisions of this section shall be distributed pro rata among the income beneficiaries of a continuing trust and other persons entitled to residuary shares of the trust.    Cross References. Section 7799 is referred to in section 8121 of this title.
20 PA Cons Stat § 7799.1 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7799.1 - Annexation of account of distributed estate or trust

§ 7799.1. Annexation of account of distributed estate or trust. A trustee who has received property from a personal representative or from another trustee in distribution of an estate or another trust may annex a copy of an account of the administration of the estate or other trust to an account filed by the trustee covering the administration of the trust under the trustee's management. If notice of the annexation of the account of the estate or other trust is given to the persons required to be notified of the filing of the trustee's account of the principal trust, confirmation of the principal account shall relieve both the trustee of the principal trust and the personal representative or trustee of the distributed estate or other trust of all liability to beneficiaries of the principal trust for transactions shown in the account so annexed to the same extent as if the annexed account had been separately filed and confirmed. If the fund covered by the annexed account has itself received property from another source under circumstances that would have permitted annexation of an account under this section or under section 3501.2 (relating to annexation of account of terminated trust, guardianship or agency), accounts for both funds may be annexed.
20 PA Cons Stat § 7799.2 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7799.2 - Accounts, audits and distributions

§ 7799.2. Accounts, audits and distributions. The provisions concerning accounts, audits and distributions in trust estates shall be the same as those set forth in the following provisions of this title for the administration of a decedent's estate:  Section 3511 (relating to audits in counties having separate orphans' court division). Section 3512 (relating to audits in counties having no separate orphans' court division). Section 3513 (relating to statement of proposed distribution). Section 3514 (relating to confirmation of account and approval of proposed distribution). Section 3521 (relating to rehearing; relief granted). Section 3533 (relating to award upon final confirmation of account). Section 3536 (relating to recording and registering decrees awarding real estate). Section 3538 (relating to distributions involving persons born out of wedlock). Section 3539 (relating to change in law after pattern of distribution established). Section 3540 (relating to absentee and additional distributees). Section 3541 (relating to order of abatement). Section 3545 (relating to transcripts of balances due by personal representative).
20 PA Cons Stat § 7901 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 79 - Charitable Instruments|Section 7901 - Short title of chapter

§ 7901. Short title of chapter. This chapter shall be known and may be cited as the Charitable Instruments Act.
20 PA Cons Stat § 7902 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 79 - Charitable Instruments|Section 7902 - Definitions

§ 7902. Definitions. The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:  "Charitable organization." A corporation, trust or other instrumentality governed by Pennsylvania law, including:  (1) A trust described in section 4947(a)(1) or (2) of the Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. § 4947(a)(1) or (2)), which is or is treated as a private foundation under section 509 of the Internal Revenue Code of 1986 (26 U.S.C. § 509).  (2) A trust governed by Pennsylvania law that is or is treated as a pooled income fund under section 642(c)(5) of the Internal Revenue Code of 1986 (26 U.S.C. § 642(c)(5)).
20 PA Cons Stat § 7903 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 79 - Charitable Instruments|Section 7903 - Deemed provisions of governing instrument

§ 7903. Deemed provisions of governing instrument. (a) Effect of deemed provisions.--The governing instrument of a charitable organization is deemed to include provisions, the effects of which are to:  (1) Require distributions for each taxable year in such amounts and at such times and in such manner as not to subject the organization to tax under section 4942 of the Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. § 4942).  (2) Prohibit the organization from: (i) Engaging in an act of self-dealing, as defined in section 4941(d) of the Internal Revenue Code of 1986 (26 U.S.C. § 4941(d)).  (ii) Retaining excess business holdings, as defined in section 4943(c) of the Internal Revenue Code of 1986 (26 U.S.C. § 4943(c)).  (iii) Making an investment in such manner as to subject the organization to tax under section 4944 of the Internal Revenue Code of 1986 (26 U.S.C. § 4944).  (iv) Making a taxable expenditure, as defined in section 4945(d) of the Internal Revenue Code of 1986 (26 U.S.C. § 4945(d)).  (b) Effect of contrary provision.--The deemed provisions under subsection (a) supersede any contrary provision of the governing instrument.  (c) Applicability.--This section applies only to the extent that the charitable organization is subject to one or more of the sections of the Internal Revenue Code of 1986 set forth in subsection (a).
20 PA Cons Stat § 7904 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 79 - Charitable Instruments|Section 7904 - Power to amend governing instrument

§ 7904. Power to amend governing instrument. The trustees or directors of every charitable organization have the power, acting alone, without the approval of a member, court, donor or beneficiary, to amend the instrument governing the charitable organization in any manner required for the sole purpose of ensuring that:  (1) Gifts and bequests to the charitable organization qualify for charitable deductions available for Federal income, gift and estate tax purposes.  (2) The charitable organization qualifies for tax exemptions available for Federal income tax purposes.
20 PA Cons Stat § 7905 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 79 - Charitable Instruments|Section 7905 - Court authority

§ 7905. Court authority. Nothing in this chapter precludes a court of competent jurisdiction from authorizing a deviation from the express terms of an instrument governing a charitable organization.
20 PA Cons Stat § 7906 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 79 - Charitable Instruments|Section 7906 - Applicability

§ 7906. Applicability. This chapter shall apply to: (1) A charitable organization created after December 31, 1969. (2) A charitable organization created before January 1, 1970, unless a court of competent jurisdiction in a proceeding instituted before January 1, 1972, explicitly decided that the operation of this chapter would substantially impair the accomplishment of the purposes of the charitable organization involved in that proceeding.
20 PA Cons Stat § 8101 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8101 - Short title of chapter

§ 8101. Short title of chapter. This chapter shall be known and may be cited as the Pennsylvania Uniform Principal and Income Act.
20 PA Cons Stat § 8102 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8102 - Definitions

§ 8102. Definitions. The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:  "Accounting period." A calendar year unless another 12-month period is selected by a fiduciary. The term includes a portion of a calendar year or other 12-month period which begins when an income interest begins or ends when an income interest ends.  "Beneficiary." Includes:  (1) in the case of a decedent's estate, any heir, legatee and devisee; and (2) in the case of a trust, an income beneficiary and a remainder beneficiary. "Fiduciary." A personal representative or a trustee.  "Income." Money or property which a fiduciary receives as current return from a principal asset. The term includes a portion of receipts from a sale, exchange or liquidation of a principal asset to the extent provided in Subchapter D (relating to allocation of receipts during administration of trust).  "Income beneficiary." A person to whom or which net income of a trust is or may be payable.  "Income interest." The right of an income beneficiary to receive all or part of net income, whether the governing instrument requires it to be distributed or authorizes it to be distributed in the trustee's discretion.  "Mandatory income interest." The right of an income beneficiary to receive net income which the governing instrument requires the fiduciary to distribute.  "Net income." The:  (1) total receipts allocated to income during an accounting period; minus (2) disbursements made from income during the period; plus or minus (3) transfers under this chapter to or from income during the period. "Person." Any individual; corporation; business trust; estate; trust; partnership; limited liability company; association; joint venture; government; governmental subdivision, agency or instrumentality; public corporation; or other legal or commercial entity.  "Principal." Property held in trust for distribution to a remainder beneficiary when the trust terminates or property held in trust in perpetuity.  "Remainder beneficiary." A person entitled to receive principal when an income interest ends.  "Sui juris beneficiary." Includes:  (1) a court-appointed guardian of an incapacitated beneficiary; (2) an agent for an incompetent beneficiary; and (3) a court-appointed guardian of a minor beneficiary's estate. "Trust." Includes a legal life estate arrangement.  "Trustee." Includes an original, additional or successor trustee whether or not appointed or confirmed by a court.   (July 7, 2006, P.L.625, No.98, eff. 60 days)   2006 Amendment. Act 98 amended the defs. of "principal" and "sui juris beneficiary."
20 PA Cons Stat § 8103 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8103 - Fiduciary duties; general principles

 § 8103. Fiduciary duties; general principles. (a) Allocation.--In allocating receipts and disbursements to or between principal and income and with respect to any matter within the scope of this chapter, the following shall apply:  (1) A fiduciary shall administer a trust or estate in accordance with the governing instrument, even if there is a different provision in this chapter.  (2) A fiduciary may administer a trust or estate by the exercise of a discretionary power of administration regarding a matter within the scope of this chapter given to the fiduciary by the governing instrument, even if the exercise of the power produces a result different from a result required or permitted by this chapter. No inference that the fiduciary has improperly exercised the discretionary power shall arise from the fact that the fiduciary has made an allocation contrary to a provision of this chapter.  (3) A fiduciary shall administer a trust or estate in accordance with this chapter if the governing instrument does not contain a different provision or does not give the fiduciary a discretionary power of administration regarding a matter within the scope of this chapter.  (4) A fiduciary shall add a receipt or charge a disbursement to principal to the extent that the governing instrument and this chapter do not provide a rule for allocating the receipt or disbursement to or between principal and income.  (b) Discretionary power.--In exercising a discretionary power of administration regarding a matter within the scope of this chapter, whether granted by the governing instrument or this chapter, including sections 8104 (relating to trustee's power to adjust) and 8105 (relating to power to convert to unitrust), a fiduciary shall administer a trust or estate impartially based on what is fair and reasonable to all of the beneficiaries, except to the extent that the governing instrument clearly manifests an intention that the fiduciary shall or may favor one or more of the beneficiaries. A determination in accordance with this chapter is presumed to be fair and reasonable to all of the beneficiaries.    Cross References. Section 8103 is referred to in section 8104 of this title.
20 PA Cons Stat § 8106 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8106 - Judicial control of discretionary powers

 § 8106. Judicial control of discretionary powers. (a) Standard of review.--A court shall not change a fiduciary's decision to exercise or not to exercise a discretionary power conferred by this chapter unless it determines that the decision was an abuse of the fiduciary's discretion.  (b) Remedies.--If a court determines that a fiduciary has abused its discretion regarding a discretionary power conferred by this chapter, the remedy is to restore the income and remainder beneficiaries to the positions they would have occupied if the fiduciary had not abused its discretion, according to the following rules:  (1) To the extent that the abuse of discretion has resulted in no distribution to a beneficiary or a distribution which is too small, the court shall require the fiduciary to distribute from the trust to the beneficiary an amount that the court determines will restore the beneficiary, in whole or in part, to the beneficiary's appropriate position.  (2) To the extent that the abuse of discretion has resulted in a distribution to a beneficiary which is too large, the court shall restore the beneficiaries, the trust or both, in whole or in part, to their appropriate positions by requiring the fiduciary to withhold an amount from one or more future distributions to the beneficiary who received the distribution that was too large or requiring that beneficiary or that beneficiary's estate to return some or all of the distribution to the trust, notwithstanding a spendthrift or similar provision.  (3) If the abuse of discretion concerns the power to convert a trust into a unitrust, the court shall require the trustee either to convert into a unitrust or to reconvert from a unitrust.  (4) To the extent that the court is unable, after applying paragraphs (1), (2) and (3), to restore the beneficiaries, the trust or both to the positions they would have occupied if the fiduciary had not abused its discretion, the court may require the fiduciary to pay an appropriate amount from its own funds to one or more of the beneficiaries or the trust or both.
20 PA Cons Stat § 8108 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8108 - (Reserved)

 § 8108. (Reserved).
20 PA Cons Stat § 8109 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8109 - (Reserved)

 § 8109. (Reserved).
20 PA Cons Stat § 8110 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8110 - (Reserved)

 § 8110. (Reserved).
20 PA Cons Stat § 8111 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8111 - (Reserved)

 § 8111. (Reserved).
20 PA Cons Stat § 8112 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8112 - (Reserved)

 § 8112. (Reserved).
20 PA Cons Stat § 8122 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8122 - Distribution to residuary and remainder beneficiaries

 § 8122. Distribution to residuary and remainder beneficiaries. (a) Distribution of net income.--Each beneficiary described in section 8121(4) (relating to determination and distribution of net income) is entitled to receive a portion of the net income equal to the beneficiary's fractional interest in undistributed principal assets, using values as of the distribution date. If a fiduciary makes more than one distribution of assets to beneficiaries to whom this section applies, each beneficiary, including one who does not receive part of the distribution, is entitled, as of each distribution date, to the net income the fiduciary has received after the date of death or terminating event or earlier distribution date but has not distributed as of the current distribution date.  (b) Allocation of net income.--In determining a beneficiary's share of net income, the following rules apply:  (1) The beneficiary is entitled to receive a portion of the net income equal to the beneficiary's fractional interest in the undistributed principal assets immediately before the distribution date, including assets that later may be sold or applied to meet principal obligations.  (2) The beneficiary's fractional interest in the undistributed principal assets must be calculated without regard to property specifically given to a beneficiary and property required to pay pecuniary amounts.  (3) The beneficiary's fractional interest in the undistributed principal assets must be calculated on the basis of the aggregate value of those assets as of the distribution date without reducing the value by any unpaid principal obligation.  (c) Collected but undistributed net income.--If a fiduciary does not distribute all of the collected but undistributed net income to each person as of a distribution date, the fiduciary shall maintain appropriate records showing the interest of each beneficiary in that net income.  (d) Application.--To the extent that the fiduciary considers it appropriate, if this section applies to the income from an asset, the fiduciary may apply the rules in this section to net gain or loss from the disposition of a principal asset realized after the date of death or terminating event or earlier distribution date.  (e) Distribution date.--For purposes of this section, the distribution date may be the date as of which the fiduciary calculates the value of the assets if that date is reasonably near the date on which assets are actually distributed.    Cross References. Section 8122 is referred to in section 8121 of this title.
20 PA Cons Stat § 8131 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8131 - When right to income begins and ends

 § 8131. When right to income begins and ends. (a) Accrual of income interest.--An income beneficiary is entitled to net income from the date on which the income interest begins. An income interest begins:  (1) on the date specified in the governing instrument; or (2) if no date is specified, on the date an asset becomes subject to a trust or successive income interest.  (b) Asset subject to a trust.--An asset becomes subject to a trust:  (1) on the date it is transferred to the trust in the case of an asset which is transferred to a trust during the transferor's life;  (2) on the date of a testator's death in the case of an asset which becomes subject to a trust by reason of a will, even if there is an intervening period of administration of the testator's estate; or  (3) on the date of an individual's death in the case of an asset which is transferred to a fiduciary by a third party because of the individual's death.  (c) Asset subject to a successive income interest.--An asset becomes subject to a successive income interest on the day after the preceding income interest ends, as determined under subsection (d), even if there is an intervening period of administration to wind up the preceding income interest.  (d) End of income interest.--An income interest ends on:  (1) the day before an income beneficiary dies or another terminating event occurs; or (2) the last day of a period during which there is no beneficiary to whom a trustee may distribute income.