Florida Statutes Section 736.0603 - Settlor’s Powers; Powers Of Withdrawal. (Fla. Stat. § 736.0603)

736.0603 Settlor’s powers; powers of withdrawal.—

(1) While a trust is revocable, the duties of the trustee are owed exclusively to the settlor.

(2) During the period the power may be exercised, the holder of a power of withdrawal has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power.

History.—s. 6, ch. 2006-217.

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Last modified: September 23, 2016