Alabama Code (Last Updated: November 28, 2014) |
Title19 FIDUCIARIES AND TRUSTS. |
Chapter3B. ALABAMA UNIFORM TRUST CODE. |
§19-3B-416. Modification to achieve settlor's tax objectives.
Latest version.
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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.