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.
It is not the same date and time every year. In the northern hemisphere, summer begins with the summer solstice in late June and ends with the fall equinox in late September. To find the exact middle of summer, you would have to begin by having have a specific year in mind. Then, check the date and time of the summer solstice and the fall equinox that year. From there, it is a matter of simple math. 4 people found this useful.