{"data":{"id":"us-ky/krs-386b.4-120","jurisdiction":"us-ky","citation":"KRS 386B.4-120","heading":"Modification or termination because of unanticipated circumstances or","body":"inability to administer trust effectively.\n(1) The court may modify the administrative or dispositive terms of a trust or terminate\nthe trust if, because of circumstances not ant icipated by the settlor, modification or\ntermination will further the purposes of the trust. To the extent practicable, the\nmodification shall be made in accordance with the settlor's probable intention.\n(2) The court may modify the administrative terms of  a trust if continuation of the trust\non its existing terms would be impracticable or wasteful or impair the trust's\nadministration.\n(3) Upon termination of a trust under this section, the trustee shall distribute the trust\nproperty in a manner consistent with the purposes of the trust.\n(4) The District Court shall have exclusive jurisdiction over matters under this section.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=43097","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:19Z","sha256":"998ebdbd2edb93f29ece421dbf111428823dbbb479fba0fe0d826459c16ca754","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386b.4-110","next":"us-ky/krs-386b.4-130"},"notice":"GroundRules: Original legal text. Not legal advice."}
