Minn. Stat. § 501C.0415

Current through Register Vol. 49, No. 8, August 19, 2024
Section 501C.0415 - 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.

Minn. Stat. § 501C.0415

2015 c 5 art 4 s 12

Added by 2015 Minn. Laws, ch. 5,s 4-12, eff. 1/1/2016.