Section 45a-521 - Superior Court or Probate Court jurisdiction to reform charitable remainder unitrust re payment(a) Upon a petition filed within the period specified in 26 CFR 1.664-3, by a trustee of a charitable remainder unitrust, the Superior Court, or a Probate Court specified in section 45a-499p shall have jurisdiction to reform such charitable remainder unitrust for the sole purpose of substituting a provision allowing payment of the unitrust amount under 26 CFR 1.664-3 for an existing provision providing for payment of the unitrust amount under 26 CFR 1.664-3.(b) The Superior Court or the Probate Court are empowered to reform such trust only to the extent the court finds that such reformation is consistent with the original intent of the testator or donor.(c) This section shall not be construed to effect a change in any dispositive provision of the trust as provided in section 45a-514.Conn. Gen. Stat. § 45a-521
( P.A. 99-164, S. 34, 36.)
Amended by P.A. 19-0137,S. 122 of the Connecticut Acts of the 2019 Regular Session, eff. 1/1/2020.