Settlor's powers — Powers of withdrawal. [Effective until January 1, 2020.]

  1. Law
  2. Arkansas Code
  3. Wills, Estates, and Fiduciary Relationships
  4. Fiduciary Relationships
  5. Arkansas Trust Code
  6. Revocable Trusts
  7. Settlor's powers — Powers of withdrawal. [Effective until January 1, 2020.]

Checkout our iOS App for a better way to browser and research.

  1. (a) While a trust is revocable and the settlor has capacity to revoke the trust, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.

  2. (b) 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.


Download our app to see the most-to-date content.