KRS 386B.6-030: Settlor's powers -- Powers of withdrawal.
Where this section sits in the code
(1) While a trust is revocable:
(a) And, in the reasonable belief of the trustee, the settlor 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 settlor; and
(b) The trustee may follow a direction of the settlor that is contrary to the terms of
the trust.
(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.
Collected 2026-09-05T20:59:19Z. Source file · JSON