Louisiana grants trustees discretion to adjust income and principal on the trusteeâs own authority, provided that if a proposed transfer from principal to income would increase net income for the year above 5 percent of the fair market value of trust assets at the beginning of the year, then a court order is required.
Confidence votes 620. Summer begins each year on the day of the summer solstice, which is on or near June 21 and ends each year on the day of the autumnal equinox, which is on or near September 22.
Due to the tilt of Earth's rotation relative to the Sun and the ecliptic plane, summer is from December to March and winter is from June to September. September 22 or 23 is the vernal equinox and March 20 or 21 is the autumnal equinox. The South Pole is in the middle of the southern hemispherical region.