Modification to Achieve Settlor's Tax Objectives.

Checkout our iOS App for a better way to browser and research.

4-10-417. Modification to achieve settlor's tax objectives.

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 as proved by a preponderance of the evidence. The court may provide that the modification has retroactive effect.


Download our app to see the most-to-date content.