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Section 35-15-416 - Modification to achieve settlor's tax objectives — Tennessee Law | CourtGPT
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  4. Title 35 - Fiduciaries and Trust Estates (§§ 35-1-101 — 35-50-125)/
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  7. Section 35-15-416 - Modification to achieve settlor's tax objectives
Tennessee Legal Code

Section 35-15-416 - Modification to achieve settlor's tax objectives

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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.Acts 2004, ch. 537, § 38.