Alabama Statutes
§ 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.
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Alabama § 19-3B-416 (Modification to Achieve Settlor’s Tax Objectives) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Act 2006-216, p. 314, §1.)
Nearby Sections
15
§ 19-1-1
Short Title§ 19-1-11
Chapter Not Retroactive§ 19-1-12
Cases Not Provided for in Chapter§ 19-1-13
Uniformity of Interpretation§ 19-1-2
Definitions§ 19-1-8
Deposit in Name of Principal§ 19-1A-1
Short Title