The Probate Division of the Superior 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 both the settlor’s intent and the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement.
Vt. Stat. Ann. tit. 14A, § 415
Reformation to correct mistakes
Known as the Vermont Trust Code
The act spans §§ 14A-1001 to 14A-908 (107 sections).
Added 2009, No. 20, § 1; amended 2009, No. 154 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.