(1) The court may modify the administrative or dispositive terms of a trust or terminate the trust if, because of circumstances not anticipated by the settlor, modification or termination will further the purposes of the trust. To the extent practicable, the modification must be made in accordance with the settlor's probable intention.
The court may modify the administrative terms of a trust if continuation of the truston its existing terms would be impracticable or wasteful or impair the trust's administration.
Upon termination of a trust pursuant to this section, the trustee shall distribute thetrust property in a manner consistent with the purposes of the trust.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1164, § 1, effective January 1, 2019.