Mississippi Code
Article 5 - Allocation of Disbursements During Administration of Trust
§ 91-17-502. Disbursements from principal

A trustee shall make the following disbursements from principal:
If a principal asset is encumbered with an obligation that requires income from that asset to be paid directly to the creditor, the trustee shall transfer from principal to income an amount equal to the income paid to the creditor in reduction of the principal balance of the obligation.