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Terms Used In Michigan Laws 700.7808

  • Settlor: means a person, including a testator or a trustee, who creates a trust. See Michigan Laws 700.7103
  • terms of the trust: means the manifestation of the settlor's intent regarding a trust's provisions as expressed in the trust instrument or as may be established by other evidence that would be admissible in a judicial proceeding. See Michigan Laws 700.1107
  • Trust: includes , but is not limited to, an express trust, private or charitable, with additions to the trust, wherever and however created. See Michigan Laws 700.1107
    While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.