Provision for the beneficiary will extend to all of the income from the trust estate, devoted for that purpose by the creator of the trust, without exception or deduction, other than for:
1. Costs or fees regularly earned, paid or incurred by the trustee for administration of or protection of the trust estate;
2. Taxes on the same; or
3. Taxes on the interest of the beneficiary thereof.
[Part 5:86:1939; 1931 NCL § 6880.04]
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