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The Florida Senate

2008 Florida Statutes

SECTION 0603
Settlor's powers; powers of withdrawal.
Section 736.0603, Florida Statutes 2008

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.