N.C. Gen. Stat. § 36C-6-603

Settlor's control of revocable trust.

Last amended: 2007Year: 2026Length: 77 wordsSubsections: 2Official source
§ 36C-6-603. Settlor's control of revocable trust. (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. If a trustee is a settlor, the trustee's actions are presumed to be taken at the direction of the settlor. (b) If a revocable trust has more than one settlor, the duties of the trustee are owed to all of the settlors.
N.C. Gen. Stat. § 36C-6-603: Settlor's control of revocable trust. | Justis AI