N.M. Stat. § 46A-4-416

Modification to achieve settlor's tax objectives.

Last amended: 2003Year: 2026Length: 37 wordsOfficial source
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 intention. The court may provide that the modification has retroactive effect.
N.M. Stat. § 46A-4-416: Modification to achieve settlor's tax objectives. | Justis AI