California Probate Code 18200 – If the settlor retains the power to revoke the trust in whole or in …
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If the settlor retains the power to revoke the trust in whole or in part, the trust property is subject to the claims of creditors of the settlor to the extent of the power of revocation during the lifetime of the settlor.
(Enacted by Stats. 1990, Ch. 79.)
Terms Used In California Probate Code 18200
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
- Trust: includes the following:
California Probate Code 82