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 that the settlor’s intent and the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement.
C.R.S. § 15-5-415
Reformation to correct mistakes
Known as the Colorado Uniform Trust Code
The act spans §§ 15–15 (104 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.