Section 5804.16 | Modification to achieve settlor's tax objectives.
January 1, 2007
House Bill 416 - 126th General Assembly
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.
Available Versions of this Section
- January 1, 2007 – House Bill 416, 126th General Assembly [ View January 1, 2007 Version ]