760 ILCS 3/416

Current through Public Act 103-1052

Section 760 ILCS 3/416 - Modification to achieve settlor's objectives

To achieve the settlor's tax objectives or objective to qualify for government benefits, 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.

760 ILCS 3/416

Amended by P.A. 102-0279,§ 10, eff. 1/1/2022.

Added by P.A. 101-0048,§ 416, eff. 1/1/2020.