<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 55-3-28 - Terms of trust may be reformed by court.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.seacd3af5c157490bb77d115ff4f1012dNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.seacd3af5c157490bb77d115ff4f1012dSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.seacd3af5c157490bb77d115ff4f1012dCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.seacd3af5c157490bb77d115ff4f1012dStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.seacd3af5c157490bb77d115ff4f1012dDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.seacd3af5c157490bb77d115ff4f1012d000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.seacd3af5c157490bb77d115ff4f1012dNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.seacd3af5c157490bb77d115ff4f1012dDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.seacd3af5c157490bb77d115ff4f1012dSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 55-3-28 - Terms of trust may be reformed by court."><meta property="og:description" content="SDLRC Codified Law 55-3-28 - Terms of trust may be reformed by court."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=55-3-28"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="seacd3af5c157490bb77d115ff4f1012dNormal"><a href="https://sdlegislature.gov/Statutes?Statute=55-3-28" rel="noopener"><span class="seacd3af5c157490bb77d115ff4f1012dSENU">55-3-28</span></a><span xml:space="preserve" class="seacd3af5c157490bb77d115ff4f1012dSENU">. </span><span class="seacd3af5c157490bb77d115ff4f1012dCL">Terms of trust may be reformed by court.</span></p><p dir="ltr" class="seacd3af5c157490bb77d115ff4f1012dStatute"><span class="seacd3af5c157490bb77d115ff4f1012dDefaultParagraphFont">On petition by a trustee or beneficiary, the court may reform the terms of the trust, based upon a showing by the preponderance of the evidence and without any preliminary showing of an ambiguity, to conform to the trustor's intention if the failure to conform was due to a mistake of fact or law or a scrivener's error and the trustor's intent can be established. The terms of the trust may be construed or modified, in a manner that does not violate the trustor's probable intention, to achieve the trustor's tax objectives.</span></p><p dir="ltr" class="seacd3af5c157490bb77d115ff4f1012dNormal"><span xml:space="preserve" class="seacd3af5c157490bb77d115ff4f1012d000000"> </span></p><p dir="ltr" class="seacd3af5c157490bb77d115ff4f1012dNoIndent"><span xml:space="preserve" class="seacd3af5c157490bb77d115ff4f1012dDefaultParagraphFont-000001">Source: </span><span class="seacd3af5c157490bb77d115ff4f1012dSCL">SL 1998, ch 282, § 6; SL 2016, ch 231, § 22; SL 2023, ch 161, § 10.</span></p></div></body></html>