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Md. Code Ann., Est. & Trusts § 14.5-414

Known as the Maryland Trust Act

The act spans §§ 14–14 (103 sections).

(a) To achieve the tax objectives of the settlor, the court may modify the terms of a trust in a manner that is not contrary to the probable intention of the settlor.

(b) The court may provide that the modification described in subsection (a) of this section has retroactive effect.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.