(UTC 416) Modification to achieve settlor's tax objectives.

  1. Law
  2. Nebraska Revised Statutes
  3. Decedents' Estates; Protection of Persons and Property
  4. (UTC 416) Modification to achieve settlor's tax objectives.

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30-3842. (UTC 416) Modification to achieve settlor's tax objectives.

(UTC 416) To achieve the settlor's tax objectives, the court may modify the terms of a trust in a manner that is not contrary to the settlor's probable intention. The court may provide that the modification has retroactive effect.

Source

  • Laws 2003, LB 130, § 42.


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