4-10-416. Reformation to correct mistakes.
The 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.
Structure Wyoming Statutes
Chapter 10 - Uniform Trust Code
Article 4 - Creation, Validity, Modification and Termination of Trust
Section 4-10-401 - Methods of Creating Trust.
Section 4-10-402 - Title of Trust Property.
Section 4-10-403 - Requirements for Creation.
Section 4-10-404 - Trusts Created in Other Jurisdictions.
Section 4-10-405 - Trust Purposes.
Section 4-10-406 - Charitable Purposes; Enforcement.
Section 4-10-407 - Creation of Trust Induced by Fraud, Duress or Undue Influence.
Section 4-10-408 - Evidence of Oral Trust.
Section 4-10-409 - Trust for Care of Animal.
Section 4-10-410 - Noncharitable Trust Without Ascertainable Beneficiary.
Section 4-10-411 - Modification or Termination of Trust; Proceedings for Approval or Disapproval.
Section 4-10-412 - Modification or Termination of Noncharitable Irrevocable Trust by Consent.
Section 4-10-415 - Modification or Termination of Uneconomic Trust.
Section 4-10-416 - Reformation to Correct Mistakes.
Section 4-10-417 - Modification to Achieve Settlor's Tax Objectives.