Death or termination of interest — When right to income begins and ends.

RCW 11.104B.550
in effect
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(1) An income beneficiary is entitled to net income in accordance with the terms of the trust from the date an income interest begins. The income interest begins on the date specified in the terms of the trust or, if no date is specified, on the date an asset becomes subject to: (a) The trust for the current income beneficiary; or (b) A successive interest for a successor beneficiary. (2) An asset becomes subject to a trust under subsection (1)(a) of this section: (a) For an asset that is transferred to the trust during the settlor's life, on the date the asset is transferred; (b) For an asset that becomes subject to the trust because of a decedent's death, on the date of the decedent's death, even if there is an intervening period of administration of the decedent's estate; or (c) For an asset that is transferred to a fiduciary by a third party because of a decedent's death, on the date of the decedent's death. (3) An asset becomes subject to a successive interest under subsection (1)(b) of this section on the day after the preceding income interest ends, as determined under subsection (4) of this section, even if there is an intervening period of administration to wind up the preceding income interest. (4) An income interest ends on the day before an income beneficiary dies or another terminating event occurs or on the last day of a period during which there is no beneficiary to which a fiduciary may or must distribute income. (1) An income beneficiary is entitled to net income in accordance with the terms of the trust from the date an income interest begins. The income interest begins on the date specified in the terms of the trust or, if no date is specified, on the date an asset becomes subject to: (a) The trust for the current income beneficiary; or (b) A successive interest for a successor beneficiary. (2) An asset becomes subject to a trust under subsection (1)(a) of this section: (a) For an asset that is transferred to the trust during the settlor's life, on the date the asset is transferred; (b) For an asset that becomes subject to the trust because of a decedent's death, on the date of the decedent's death, even if there is an intervening period of administration of the decedent's estate; or (c) For an asset that is transferred to a fiduciary by a third party because of a decedent's death, on the date of the decedent's death. (3) An asset becomes subject to a successive interest under subsection (1)(b) of this section on the day after the preceding income interest ends, as determined under subsection (4) of this section, even if there is an intervening period of administration to wind up the preceding income interest. (4) An income interest ends on the day before an income beneficiary dies or another terminating event occurs or on the last day of a period during which there is no beneficiary to which a fiduciary may or must distribute income.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=11.104B&full=trueFetched: 6/28/2026