4-10-417. 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 intention as proved by a preponderance of the evidence. The court may provide that the modification has retroactive effect.
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.