3B:31-33 Modification to achieve settlor's tax objectives.
3B:31-33. Modification to Achieve Settlor's Tax Objectives.
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 intent. The court may provide that the modification has retroactive effect.
L.2015, c.276, s.1.
This is the verbatim text of N.J.S.A. 3B:31-33, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.