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2010 Florida Statutes
SECTION 0603
Settlor’s powers; powers of withdrawal.
Settlor’s powers; powers of withdrawal.
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.