Legal Question in Wills and Trusts in Florida
Florida Irrevocable Trust
In a valid, expressly IRREVOCABLE trust, (created in 1985)does the reservation of the ''power to withdraw from the principal of the trust'' -- where the grantor is the sole trustee -- in anyway ''imply'' that the settlor also has further power to alter, amend, modify or revoke the terms of the trust instrument? Thankj you
Asked on 12/20/04, 8:59 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: Florida Irrevocable Trust
no
Answered on 12/22/04, 3:01 pm