The Probate Division of the Superior Court may modify the terms of a trust to achieve the settlor’s tax objectives if the modification is not contrary to the settlor’s probable intention. The Probate Division of the Superior Court may provide that the modification has retroactive effect.
Vt. Stat. Ann. tit. 14A, § 416
Modification to achieve settlor’s tax objectives
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.