Florida Statutes 736.0416 – Modification to achieve settlor’s tax objectives
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 736.0416
- person: includes individuals, children, firms, associations, joint adventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations, and all other groups or combinations. See Florida Statutes 1.01
Upon application of any interested person, 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.