72-2-816. Modification to achieve transferor's tax objectives.
46 words·~1 min read·
/mt/title-72/chapter-2/part-8/72-2-816A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-2-816 . Modification to achieve transferor's tax objectives. To achieve the transferor's tax objectives, the court may modify the terms of a governing instrument in a manner that is not contrary to the transferor's probable intention. The court may provide that the modification has retroactive effect.