§ 7740.2. Modification or termination of noncharitable irrevocable trust by court - UTC 412
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: November 6, 2006
Effective: November 6, 2006
20 Pa.C.S.A. § 7740.2
§ 7740.2. Modification or termination of noncharitable irrevocable trust by court - UTC 412
(a) Unanticipated circumstances.--The court may modify the administrative or dispositive provisions of a noncharitable irrevocable trust, make an allowance from the principal of the trust or terminate the trust if, because of circumstances that apparently were not anticipated by the settlor, modification, allowance or termination will further the purposes of the trust. To the extent practicable, the modification or allowance shall approximate the settlor's probable intention.
Credits
2006, July 7, P.L. 625, No. 98, § 9, effective in 120 days [Nov. 6, 2006].
20 Pa.C.S.A. § 7740.2, PA ST 20 Pa.C.S.A. § 7740.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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