- (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) While a trust is not revocable, for so long as a person has a currently exercisable power of withdrawal over the entire principal of the trust, the duties of a trustee are owed exclusively to such person.
- (c) While a trust is revocable and a settlor does not have the capacity to revoke the trust, a beneficiary shall have the right to enforce the settlor’s intent to benefit the beneficiary during the settlor’s incapacity.
- (d) While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.
History
Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208
Mar. 21, 2025, D.C. Law 25-298, § 2(b)(4)
Editor's Notes
Uniform Law: This section is based upon § 603 of the Uniform Trust Code.