GroundRules
AS 13.36.355: Construction or modification of trust to achieve settlor's tax objectives.
Where this section sits in the code
- Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
- Chapter 36. Trust Administration.
- Article 5. Miscellaneous Provisions.
(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.
Collected 2026-09-02T06:16:54Z. Source file · JSON