Sec. 25. (Recission and Reformation)
Upon petition by an interested party, the court may rescind or reform a trust according to the same general rules applying to recission or reformation of non-trust transfers of property.
Rescission and reformation
Applied in 4 court decisions — leading case Storm v. Storm (2003)
Most recently applied in Carlson v. Sweeney, Dabagia, Donoghue, Thorne, Janes & Pagos (June 2007)
Formerly: Acts 1971, P.L.416, SEC.4.
Sec. 25. (Recission and Reformation)
Upon petition by an interested party, the court may rescind or reform a trust according to the same general rules applying to recission or reformation of non-trust transfers of property.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.