Statutes > Arkansas Statutes > Title 28 - Wills, Estates, and Fiduciary Relationships > Subtitle 5 - Fiduciary Relationships > Chapter 73 - Arkansas Trust Code > Subchapter 4 - Creation, Validity, Modification, and Termination of Trust > § 28-73-416 - Modification to achieve settlor's tax objectives.

§ 28-73-416 - Modification to achieve settlor's tax objectives.

28-73-416. Modification to achieve settlor's tax objectives.

To achieve the settlor's tax objectives, a 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.