§ 36C-4-416 - Modification to achieve settlor's tax objectives.

NC Gen Stat § 36C-4-416 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

36C-4-416. Modification to achieve settlor's tax objectives.

To achieve a 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.