Section 19-3B-416 Modification to achieve settlor's tax objectives. - Alabama Statutes

Section 19-3B-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.

(Act 2006-216, p. 314, §1.)