Idaho State Statutes - Idaho Attorney Directory

If a trustee
determines that an allocation between principal and income required by section
68-10-409, 68-10-410, 68-10-411, 68-10-412 or 68-10-415, Idaho Code, is
insubstantial, the trustee may allocate the entire amount to principal unless
one (1) of the circumstances described in section 68-10-104(c), Idaho Code,
applies to the allocation. This power may be exercised by a cotrustee in the
circumstances described in section 68-10-104(d), Idaho Code, and may be
released for the reasons and in the manner described in section 68-10-104(e),
Idaho Code. An allocation is presumed to be insubstantial if:
(1) The amount of the allocation would increase or decrease net income in
an accounting period, as determined before the allocation, by less than ten
percent (10%); or
(2) The value of the asset producing the receipt for which the allocation
would be made is less than ten percent (10%) of the total value of the trust's
assets at the beginning of the accounting period.

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