75B-2-416. Modification to achieve settlor's tax objectives.
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Effective 5/7/2025
75B-2-416. Modification to achieve settlor's tax objectives.
(1)To achieve the settlor's tax objectives, the court may modify the terms of a trust in order to achieve the settlor's tax objectives.
(2)The court may provide that the modification has retroactive effect.
Renumbered and Amended by Chapter 310 , 2025 General Session