§ 14.5-414. Modification of terms for purposes of taxes.

MD Est & Trusts Code § 14.5-414 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    To achieve the tax objectives of the settlor, the court may modify the terms of a trust in a manner that is not contrary to the probable intention of the settlor.

(b)    The court may provide that the modification described in subsection (a) of this section has retroactive effect.