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trust property having a total value less than $100,000 may | terminate the trust if the trustee concludes that the value of the | trust property is insufficient to justify the cost of | administration. |
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| | 2.__Modification, termination, new trustee by court.__The | court may modify or terminate a trust or remove the trustee and | appoint a different trustee if it determines that the value of | the trust property is insufficient to justify the cost of | administration. |
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| | 3.__Distribution after termination.__Upon termination of a | trust under this section, the trustee shall distribute the trust | property in a manner consistent with the purposes of the trust. |
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| | 4.__Easement for conservation or preservation.__This section | does not apply to an easement for conservation or preservation. |
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| §415.__Reformation to correct mistakes |
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| | The court may reform the terms of a trust, even if | unambiguous, to conform the terms to the settlor's intention if | it is proved by clear and convincing evidence that both the | settlor's intent and the terms of the trust were affected by a | mistake of fact or law, whether in expression or inducement. |
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| §416.__Modification to achieve settlor's tax objectives |
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| | 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. |
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| §417.__Combination and division of trusts |
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| | After notice to the qualified beneficiaries, a trustee may | combine 2 or more trusts into a single trust or divide a trust | into 2 or more separate trusts, if the result does not impair | rights of any beneficiary or adversely affect achievement of the | purposes of the trust. |
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| CREDITOR'S CLAIMS; SPENDTHRIFT AND |
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| §501.__Rights of beneficiary's creditor or assignee |
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| | To the extent a beneficiary's interest is not protected by a | spendthrift provision, the court may authorize a creditor or |
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