Section 13.36.355. Construction or modification of trust to achieve settlor's tax objectives.  


Latest version.
  •    (a) The terms of a trust shall be construed to achieve the settlor's tax objectives.
       (b) On petition by a trustee, settlor, or beneficiary, a court may modify the terms of an irrevocable trust to achieve the settlor's tax objectives in a manner that does not violate the settlor's probable intent. The court may order that the modification operate retroactively.

Notes


History

(Sec. 2 ch 104 SLA 2000)