California Probate Code 15801 – (a) In any case where the consent of a beneficiary may be given …
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(a) In any case where the consent of a beneficiary may be given or is required to be given before an action may be taken, during the time that a trust is revocable and the person holding the power to revoke the trust is competent, the person holding the power to revoke, and not the beneficiary, has the power to consent or withhold consent.
(b) This section does not apply where the joint consent of the settlor and all beneficiaries is required by statute.
Terms Used In California Probate Code 15801
- Beneficiary: means a person to whom a donative transfer of property is made or that person's successor in interest, and:
California Probate Code 24
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Person: means an individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, association, or other entity. See California Probate Code 56
- Statute: A law passed by a legislature.
- Trust: includes the following:
California Probate Code 82
(Enacted by Stats. 1990, Ch. 79.)