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2011 Vermont Code
Title 14A Trusts
Chapter 6 REVOCABLE TRUSTS
§ 603 Settlor's powers; powers of withdrawal

Universal Citation:
14A VT Stats § 603. (2011 through Adj Sess)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

§ 603. Settlor's powers; powers of withdrawal

(a) While a trust is revocable, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.

(b) 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. (Added 2009, No. 20, § 1.)

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