Title 53, Chapter 12, Section 210
As used in this article, the term:
(1) "Income beneficiary" means the person to whom income is
presently payable or for whom it is accumulated for distribution
(2) "Inventory value" means the adjusted basis for federal income
tax purposes at the time the property is acquired by the trustee.
(3) "Remainder beneficiary" means the person entitled to
principal, including income which has been accumulated and added