Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Thursday, February 28, 2008

Joint power to revoke limits the power of the sole surviving settlor to revoke

Screenhunter_03_feb_28_1048A husband and his wife created a joint revocable trust reserving to themselves the power to revoke and stating that the sale or other disposition of the trust property “by us” would be a revocation. 

A divided Pennsylvania Supreme Court reversed the appellate court, reported in the March/April 2006 column, and held that the language of the revocation provision unambiguously prevents the surviving settlor from exercising the power to revoke.  Scalfaro v. Rudloff, 934 A.2d 1254 (Pa. 2007).

https://lawprofessors.typepad.com/trusts_estates_prof/2008/02/joint-power-to.html

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