Principal & income. Two books, correctly kept.
Income beneficiaries and remainder beneficiaries have different claims on the same account. A8 Core™ classifies every receipt and disbursement between principal and income under the applicable act and the instrument — and keeps the elections that adjust between them.
Classification, at posting time
Classification is a posting rule, not a quarter-end cleanup.
Receipts
Dividends, interest, rents, distributions, and proceeds classified as they post.
Disbursements
Expenses allocated between the books under the applicable rules.
Instrument overrides
Where the instrument departs from the default act, the instrument’s rule is applied and cited.
Jurisdiction
Classification rule sets are configured per governing law.
Adjustments & elections
Modern fiduciary law lets trustees rebalance the books — with process.
Unitrust elections
Unitrust conversions with rate, valuation basis, and effective dates recorded.
Power to adjust
Adjustments between principal and income with the trustee’s determination documented.
Audit trail
Every reclassification carries its authority: statute, instrument, or recorded decision.
Build on the account operating system.
See how this module fits your institution’s account, custody, and operations model.