Modification to achieve settlor's tax objectives

NMSA 1978, § 46A-4-416 — under Article 4.

NMSA 1978, § 46A-4-416

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: Laws 2003, ch. 122, § 4-416.