Michigan § 700.7412 - Modification or termination of trust; unanticipated circumstances or inability to administer effectively.
Full text of Michigan Michigan Compiled Laws § 700.7412 — Modification or termination of trust; unanticipated circumstances or inability to administer effectively., with citation guidance and answers to common questions.
§ 700.7412. Modification or termination of trust; unanticipated circumstances or inability to administer effectively.
(1) The court may modify the administrative terms of a trust if continuation of the trust on its existing terms would be impracticable or wasteful or impair the trust's administration.
(2) 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 settlor's stated purpose or, if there is no stated purpose, the settlor's probable intention.
(3) If a trust is terminated under this section, the trustee shall distribute the trust property as ordered by the court.
(4) Notice of any proceeding to terminate or modify a trust shall be given in the manner described in section 7411(3).
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 700.7412
What does Michigan Compiled Laws § 700.7412 cover?
Section 700.7412 ("Modification or termination of trust; unanticipated circumstances or inability to administer effectively.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. 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 Michigan § 700.7412?
A common citation format is "Michigan Compiled Laws § 700.7412" (Michigan). 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 Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 700.7412 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan 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 Michigan.