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2019 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 15 - Tennessee Uniform Trust Code
Part 4 - Creation, Validity, Modification, and Termination of Trust
§ 35-15-416. Modification to achieve settlor's tax objectives.
Universal Citation:
TN Code § 35-15-416 (2019)
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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.
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