Florida § 736.0603 Settlor’s powers; powers of withdrawal

Florida Statutes

§ 736.0603 — Settlor’s powers; powers of withdrawal

Florida § 736.0603

TitleXLII

Ch. 736FLORIDA TRUST CODE

This text of Florida § 736.0603 (Settlor’s powers; powers of withdrawal) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 736.0603 (2026).

Text

(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.

(3)Subject to ss. 736.0403(2) and 736.0602(3)(a), the trustee may follow a direction of the settlor that is contrary to the terms of the trust while a trust is revocable.

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(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.

(3) Subject to ss. 736.0403(2) and 736.0602(3)(a), the trustee may follow a direction of the settlor that is contrary to the terms of the trust while a trust is revocable.