Modification to Achieve Settlor’s Tax Objectives

Ala. Code § 19-3B-416 — under Title 19.

Ala. Code § 19-3B-416

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.

History: (Act 2006-216, p. 314, §1.)