Ala. Code § 19-3B-416

Current through the 2024 Regular Session.

Section 19-3B-416 - 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.

Ala. Code § 19-3B-416 (1975)

Act 2006-216, p. 314, §1.