Colorado § 15-11-807 - Modification to achieve transferor's tax objectives.
Full text of Colorado Colorado Revised Statutes § 15-11-807 — Modification to achieve transferor's tax objectives., with citation guidance and answers to common questions.
§ 15-11-807. Modification to achieve transferor's tax objectives.
To achieve the transferor's tax objectives, the court may modify the terms of a governing instrument other than a trust that is governed by section 15-5-416 in a manner that is not contrary to the transferor's probable intention. The court may provide that the modification has retroactive effect.
Source: L. 2009: Entire section added, (HB 09-1287), ch. 310, p. 1687, § 15, effective July 1, 2010. L. 2018: Entire section amended, (SB 18-180), ch. 169, p. 1193, § 11, effective January 1, 2019.
Cross references: For provisions relating to the time of taking effect or the provisions for transition of this code, see § 15-17-101.
COMMENT
Added in 2008, Section 2-806 is based on Section 416 of the Uniform Trust Code, which in turn was based on Section 12.2 of the Restatement (Third) of Property: Wills and Other Donative Transfers (2003).
Section 2-806 is broader in scope than Section 416 of the Uniform Trust Code because Section 2-806 applies but is not limited to trusts.
Section 12.2, and hence Section 2-806, is explained and illustrated in the Comments to Section 12.2 of the Restatement and also, in the case of a trust, in the Comment to Section 416 of the Uniform Trust Code.
ANNOTATION
Law reviews. For article, "Court-Approved Trust Modifications—Binding Effect on IRS and Tax Consequences", see 41 Colo. Law. 55 (June 2012).
PART 9
HONORARY TRUSTS; TRUSTS FOR PETS
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-11-807
What does Colorado Revised Statutes § 15-11-807 cover?
Section 15-11-807 ("Modification to achieve transferor's tax objectives.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 15-11-807?
A common citation format is "Colorado Revised Statutes § 15-11-807" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 15-11-807 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.