(UTC 416) 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.
Neb. Rev. Stat. § 30-3842
(UTC 416) Modification to achieve settlor's tax objectives
Laws 2003, LB 130, § 42.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.