2021 Kentucky Revised Statutes
Chapter 386B - Uniform trust code
Subchapter 386B.4 - Creation, Validity, Modification, and Termination of Trust
386B.4-160 Modification to achieve settlor's tax objectives.

Universal Citation: KY Rev Stat § 386B.4-160 (2021)

Previous Next

386B.4-160 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. The District Court shall have exclusive jurisdiction over matters under this section. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 38, effective July 15, 2014.

Previous Next

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

2021 Kentucky Revised StatutesChapter 386B - Uniform trust codeSubchapter 386B.4 - Creation, Validity, Modification, and Termination of Trust386B.4-160 Modification to achieve settlor's tax objectives.

2021 Kentucky Revised Statutes
Chapter 386B - Uniform trust code
Subchapter 386B.4 - Creation, Validity, Modification, and Termination of Trust
386B.4-160 Modification to achieve settlor's tax objectives.