Front | Ways a trust can be revoked |
---|---|
Back | 1) settlor reserves the right to revoke or modify 2) trust purpose is accomplished 3) Settlor is deceased and beneficiaries consent (except if trustee opposes based on unfulfilled material purpose) 4) Settlor and all beneficiaries consent |
Tags: trusts
Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.
Next card: Trustee removed breached fiduciary duty
Previous card: Trust presumed irrevocable::revocable/irrevocable a is
Up to card list: California bar prep