---
title: O.C.G.A. § 53-12-450. Disbursements from income.
collection: code
id: 53-12-450
cite_as: O.C.G.A. § 53-12-450 (2025)
canonical_url: https://georgiacommons.org/code/53-12-450
md_url: https://georgiacommons.org/code/53-12-450.md
text_url: https://georgiacommons.org/code/53-12-450/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t52-t53-(v40)-2021-pdf.pdf?sfvrsn=d23ba203_0#page=954
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES / TRUSTS / GEORGIA PRINCIPAL AND INCOME ACT / ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST
---

# O.C.G.A. § 53-12-450. Disbursements from income.

(a) A trustee shall make the following disbursements from income:

(1) One-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee;

(2) One-half of all court costs, attorney’s fees, and other fees and expenses for accountings, judicial proceedings, or other matters that involve both the income and remainder interests;

(3) All of the other ordinary expenses incurred in connection with the administration, management, or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed against principal, and court costs, attorney’s fees, and other fees and expenses of a proceeding or other matter that concerns primarily the income interest; and

(4) Recurring premiums on insurance covering the loss of a principal asset or the loss of income from or use of the asset.

(b) Any of the above disbursements made in connection with judicial proceedings may be varied by the order of the court.

(c) All other disbursements shall be made from principal.

## History

Code 1981, § 53-12-450, enacted by Ga. L. 2010, p. 579, § 1/SB 131.