New Mexico Statutes
§ 46A-4-416 — Modification to achieve settlor's tax objectives
New Mexico § 46A-4-416
JurisdictionNew Mexico
Ch. 46AUniform Trust Code
Art. 4Creation, Validity, Modification and Termination of
This text of New Mexico § 46A-4-416 (Modification to achieve settlor's tax objectives) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 46A-4-416 (2026).
Text
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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Legislative History
Laws 2003, ch. 122, § 4-416.
Nearby Sections
15
§ 46A-1-101
Short title§ 46A-1-102
Scope§ 46A-1-103
Definitions§ 46A-1-104
Knowledge§ 46A-1-105
Default and mandatory rules§ 46A-1-106
Common law of trusts; principles of equity§ 46A-1-107
Governing law§ 46A-1-108
Principal place of administration§ 46A-1-109
Methods and waiver of notice§ 46A-1-110
Others treated as qualified beneficiaries§ 46A-1-111
Nonjudicial settlement agreements§ 46A-1-112
Rules of construction§ 46A-1-113
Insurable interest of trustee§ 46A-10-1001
Breach of trust§ 46A-10-1002
Damages for breach of trustCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 46A-4-416, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46A/46A-4-416.