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Code · Pennsylvania · Title 20 — DECEDENTS, ESTATES AND FIDUCIARIES · Chapter 77

§ 7740.6. Modification to achieve settlor's tax objectives - UTC 416.

96 words·~1 min read·/pa/title-20/chapter-77/7740-6

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§ 7740.6. Modification to achieve settlor's tax objectives - UTC 416.
The court may modify the terms of a trust in a manner that is not contrary to the settlor's probable intention in order to achieve the settlor's tax objectives. The court may provide that the modification have retroactive effect.
20c7740.6v
(July 15, 2024, P.L.786, No.64, eff. 90 days)
2024 Amendment. See section 11 of Act 64 in the appendix to this title for special provisions relating to Uniform Trust Code.
Cross References. Section 7740.6 is referred to in sections 7705, 7740 of this title.
20c7740.7s
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