75-7-604. Capacity of settlor of revocable trust. The capacity required to create, amend, revoke, or add property to a revocable trust, or to direct the actions of the trustee of a revocable trust, is the same as that required to make a will. Enacted by Chapter 89, 2004 General Session
75-7-605. Revocation or amendment of revocable trust. (1) Unless the terms of a trust expressly provide that the trust is irrevocable, the settlor may revoke or amend the trust. This Subsection (1) does not apply to a trust created under an instrument executed before May 1, 2004. (2) If a revocable trust is created or […]
Effective 5/14/2019 75-7-606. Settlor’s powers — Powers of withdrawal. (1) (a) To the extent a trust is revocable by a settlor, a trustee may follow a direction of the settlor that is contrary to the terms of the trust. (b) To the extent a trust is revocable by a settlor in conjunction with a person […]
75-7-607. Limitation on action contesting validity of revocable trust — Distribution of trust property. (1) A person shall commence a judicial proceeding to contest the validity of a trust that was revocable at the settlor’s death within the earlier of: (a) three years after the settlor’s death; or (b) 90 days after the trustee sent […]
