US Lawyer Database

§44D-6-602. Revocation or Amendment of Revocable Trust

(a) Unless the terms of a trust expressly provide that the trust is irrevocable, the grantor may revoke or amend the trust. This subsection does not apply to a trust created under an instrument executed before the effective date of this chapter. (b) Unless the terms of a trust provide otherwise, if a revocable trust […]

§44D-6-603. Grantor S Powers; Powers of Withdrawal

(a) While a trust is revocable and the grantor has capacity to revoke the trust, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the grantor. (b) During the period the power may be exercised, the holder of a power of withdrawal has the […]