MODIFICATION, REVOCATION, AND TERMINATION
Christine P. Brown
Valerie Sasaki

§ 16.1 INTRODUCTION

§ 16.2 REVOCATION OF TRUST

§ 16.2-1 Presumption of Revocability
§ 16.2-2 Manner of Revocation
§ 16.2-3 Revocation When There Are Multiple Settlors
§ 16.2-4 Trustee’s Responsibility upon Revocation
§ 16.2-5 Revocation by Settlor’s Representative
§ 16.2-6 Settlor’s Power to Withdraw Assets
§ 16.2-7 Dry Trusts
§ 16.2-8 Oral Trusts
§ 16.2-9 Statute of Frauds
§ 16.2-10 Revocation of Trust by Settlor Who Lacks Capacity

§ 16.3 MODIFICATION OR TERMINATION OF TRUST

§ 16.3-1 Generally
§ 16.3-2 Methods to Modify or Terminate a Trust

§ 16.4 REPRESENTATION

§ 16.4-1 Representative’s Role
§ 16.4-2 Notice to Representative
§ 16.4-3 Oregon Uniform Trust Code
§ 16.4-4 Special Representation

§ 16.5 DECANTING TRUSTS

§ 16.5-1 Generally
§ 16.5-2 How to Decant an Oregon Trust
§ 16.5-3 Special Issues with Decanting

§ 16.6 ESTATE PLANNING THROUGH MODIFICATION OF TRUST INSTRUMENTS

§ 16.6-1 Overcome Poor Drafting
§ 16.6-2 Provide for Unanticipated Family Developments
§ 16.6-3 Correct Instrument to Provide for Unanticipated Changes in Tax Laws

§ 16.7 DRAFTING TO ALLOW FOR MODIFICATION OR TERMINATION IN THE EVENT OF CHANGED CIRCUMSTANCES

Form 16-1 Example Language: Power of Appointment to Amend or Terminate Trust