456.4-416. Modification to achieve settlor's tax objectives.
Modification to achieve settlor's tax objectives.
456.4-416. To achieve the settlor's tax objectives, the court maymodify the terms of a trust in a manner that is not contrary to thesettlor's probable intention. The court may provide that the modificationhas retroactive effect.
(L. 2004 H.B. 1511)Effective 1-01-05