Minn. Stat. § 501C.0416

Current through Register Vol. 49, No. 8, August 19, 2024

Section 501C.0416 - MODIFICATION TO ACHIEVE SETTLOR'S TAX OBJECTIVES

To achieve 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.

Minn. Stat. § 501C.0416

2015 c 5 art 4 s 13

Added by 2015 Minn. Laws, ch. 5,s 4-13, eff. 1/1/2016.