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.
Ala. Code § 19-3B-416
Modification to Achieve Settlor’s Tax Objectives.
Known as the Alabama Uniform Trust Code
The act spans §§ 19–19 (108 sections).
(Act 2006-216, p. 314, §1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.