Illinois Statutes
§ 416 — Modification to achieve settlor's objectives
Illinois § 416
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 760TRUSTS AND FIDUCIARIES
Act 760 ILCS 3/Illinois Trust Code.
Art.Article 4 - Creation, Validity, Modification, and Termination of Trust
This text of Illinois § 416 (Modification to achieve settlor's objectives) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
760 Ill. Comp. Stat. 416 (2026).
Text
To achieve the settlor's tax objectives or objective to qualify for government benefits, 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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Legislative History
(Source: P.A. 101-48, eff. 1-1-20; 102-279, eff. 1-1-22 .)
Nearby Sections
8
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Bluebook (online)
Illinois § 416, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/760/416.