Mich. Comp. Laws § 700.7416

Current through Public Act 166 of the 2024 Legislative Session

Section 700.7416 - Modification to achieve settlor's tax objectives; retroactive effect

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. The court may provide that the modification has retroactive effect.

MCL 700.7416

Added by 2009, Act 46,s 78 , eff. 4/1/2010.