Upon application of any interested person, 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 intent. The court may provide that the modification has retroactive effect.
Fla. Stat. § 736.0416
Modification to achieve settlor’s tax objectives
Known as the Florida Trust Code
The act spans §§ 736–736 (135 sections).
History.--s. 4, ch. 2006-217.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.