Section 456.4-416 – Modification to achieve settlor’s tax objectives.

Effective – 01 Jan 2005

456.4-416. 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. The court may provide that the modification has retroactive effect.

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(L. 2004 H.B. 1511)

Effective 1-01-05