Statutes, codes, and regulations
Kentucky Revised Statutes
Title 33 - ADMINISTRATION OF TRUSTS AND ESTATESChapter 386B - UNIFORM TRUST CODE
Subchapter 386B.4 - CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST
Section 386B.4-160 - Modification to achieve settlor's tax objectives

Ky. Rev. Stat. § 386B.4-160

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Current through Acts Received April 24, 2024
Section 386B.4-160 - 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. The District Court shall have exclusive jurisdiction over matters under this section.

KRS 386B.4-160

Added by 2014 Ky. Acts ch. 25,§ 38, eff. 7/15/2014.