§ 415 — Reformation to correct mistakes

Illinois § 415

• Jurisdiction: Illinois
• Topic: RIGHTS AND REMEDIES
• Ch. 760: TRUSTS AND FIDUCIARIES
• Act 760 ILCS 3/: Illinois Trust Code.
• Art.: Article 4 - Creation, Validity, Modification, and Termination of Trust

Text

The court may reform the terms of a trust, even if unambiguous, to conform the terms to the settlor's intention if it is proved by clear and convincing evidence what the settlor's intention was and that the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement.

Legislative History

(Source: P.A. 101-48, eff. 1-1-20 .)