Michigan Compiled Laws

Mich. Comp. Laws § 700.7416 (2026)

Modification to achieve settlor's tax objectives; retroactive effect.

✓ current as of July 2026
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ESTATES AND PROTECTED INDIVIDUALS CODE


Act 386 of 1998


700.7416 Modification to achieve settlor's tax objectives; retroactive effect.

Sec. 7416.

    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.

History: Add. 2009, Act 46, Eff. Apr. 1, 2010

PopularName Notes:

EPIC
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Jcp Trust V Peter E O'Dovero (Mich. Ct. App. 2022).
Jcp Trust V Peter E O'Dovero (Mich. Ct. App. 2022). “7412(2) provides, “The court may modify the administrative or dispositive terms of a trust or terminate the trust if, because of circumstances not anticipated by 13 Appellants also appear to assert that modification of the Trust was warranted under MCL 700.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.