N.M. Stat. § 45-2-806

Modification to achieve transferor's tax objectives.

Last amended: 2011Year: 2026Length: 40 wordsOfficial source
To achieve the transferor's tax objectives, the district court may modify the terms of a governing instrument in a manner that is not contrary to the transferor's probable intention. The district court may provide that the modification has retroactive effect.
N.M. Stat. § 45-2-806: Modification to achieve transferor's tax objectives. | Justis AI