386B.4-150 Reformation to correct mistakes.

KY Rev Stat § 386B.4-150 (2019) (N/A)
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386B.4-150 Reformation to correct mistakes. 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. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 37, effective July 15, 2014.