Ky. Rev. Stat. § 386B.4-150

Current through Acts Received April 24, 2024
Section 386B.4-150 - Reformation to correct mistakes

The court may reform the terms of a trust, even if unambiguous, to conform the terms to the settlor's intention if it is proved by clear and convincing evidence what the settlor's intention was and that the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement.

KRS 386B.4-150

Added by 2014 Ky. Acts ch. 25,§ 37, eff. 7/15/2014.