Opinion ID: 2512045
Heading Depth: 1
Heading Rank: 3

Heading: overview of applicable statutes

Text: As statutory authority for the proposed modifications, Alford urges us to consider and the district court relied uponthe following statutes within the Kansas Uniform Trust Code, K.S.A. 58a-101 et seq. K.S.A. 2009 Supp. 58a-411(b) and (c): (b) A noncharitable irrevocable trust may be terminated upon consent of all of the qualified beneficiaries if the court concludes that continuance of the trust is not necessary to achieve any material purpose of the trust. A noncharitable irrevocable trust may be modified upon consent of all of the qualified beneficiaries if the court concludes that modification is not inconsistent with a material purpose of the trust. (c) A spendthrift provision in the terms of the trust is presumed to constitute a material purpose of the trust. K.S.A. 58a-412(a): (a) The court may modify the administrative or dispositive terms of a trust or terminate the trust if, because of circumstances not anticipated by the settlor, modification or termination will further the purposes of the trust. To the extent practicable, the modification must be made in accordance with the settlor's probable intention. K.S.A. 58a-416: 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.