1. LawStack
  2. Title 25 - Indians
  3. Chapter I - BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  4. Subchapter G - FINANCIAL ACTIVITIES
  5. Part 115 - TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS
  6. Subpart D - IIM Accounts: Estate Accounts
  7. 25 CFR § 115.504
25 CFR § 115.504
If you have a life estate interest in income-producing trust assets, how will you receive the income?
February 24, 2021
CFR

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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§ 115.503 May money in an IIM account be withdrawn after the death of an account holder but prior to the end of the probate proceedings?

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