2005 Montana Code Annotated - 72-34-513 — Nonliability for following instructions under revocable trust.

     72-34-513. Nonliability for following instructions under revocable trust. (1) Notwithstanding 72-34-512, a trustee of a revocable trust is not liable to a beneficiary for any act performed or omitted pursuant to written directions from the person holding the power to revoke made when the person is competent, including a person to whom the power to direct the trustee is delegated.
     (2) Subsection (1) applies to a trust that is revocable in part with respect to the interest of the beneficiary in that part of the trust property.

     History: En. Sec. 161, Ch. 685, L. 1989; amd. Sec. 35, Ch. 592, L. 1995.