Vt. Stat. Ann. tit. 14A, § 416
Modification to achieve settlor’s tax objectives
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
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.
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.
Added 2009, No. 20, § 1; amended 2009, No. 154 (Adj. Sess.), § 236, eff. Feb. 1, 2011.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.