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Alaska Statutes 13.36.355 - Construction or modification of trust to achieve settlor's tax objectives

Alaska Statutes > Title 13 > Chapter 13.36 > § 13.36.355 - Construction or modification of trust to achieve settlor's tax objectives


Current as of: 2010

     (a) The terms of a trust shall be construed to achieve the settlor's tax objectives.

     (b) On petition by a trustee, settlor, or beneficiary, a court may modify the terms of an irrevocable trust to achieve the settlor's tax objectives in a manner that does not violate the settlor's probable intent. The court may order that the modification operate retroactively.

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Alaska Laws: Trusts

Alaska Statutes Chapter 13.36 - Trust Administration
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