<section number="75B-2-602"><effdate>5/7/2025</effdate><histories><history>Renumbered and Amended by Chapter <modchap sess="2025GS">310</modchap>, 2025 General Session</history><modyear>2025</modyear></histories><catchline>Revocation or amendment of revocable trust.</catchline><subsection number="75B-2-602(1)"><subsection number="75B-2-602(1)(a)">Unless the terms of a trust expressly provide that the trust is irrevocable, the settlor may revoke or amend the trust.  </subsection><subsection number="75B-2-602(1)(b)">This Subsection <xref depth="4" refid="C75-7-S605_1800010118000101" refnumber="75-7-605(1)" start="0">(1)</xref> does not apply to a trust created under an instrument executed before May 1, 2004.</subsection></subsection><subsection number="75B-2-602(2)">If a revocable trust is created or funded by more than one settlor:<subsection number="75B-2-602(2)(a)">to the extent the trust consists of community property, the trust may be revoked by either spouse acting alone but may be amended only by joint action of both spouses; and</subsection><subsection number="75B-2-602(2)(b)">to the extent the trust consists of property other than community property, each settlor may revoke or amend the trust with regard to the portion of the trust property attributable to that settlor's contribution.</subsection></subsection><subsection number="75B-2-602(3)">The settlor may revoke or amend a revocable trust:<subsection number="75B-2-602(3)(a)">by substantially complying with a method provided in the terms of the trust; or</subsection><subsection number="75B-2-602(3)(b)">if the terms of the trust do not provide a method or the method provided in the terms is not expressly made exclusive, by:<subsection number="75B-2-602(3)(b)(i)">executing a later will or codicil that expressly refers to the trust or specifically devises property that would otherwise have passed according to the terms of the trust; or</subsection><subsection number="75B-2-602(3)(b)(ii)">any other method manifesting clear and convincing evidence of the settlor's intent.</subsection></subsection></subsection><subsection number="75B-2-602(4)">Upon revocation of a revocable trust, the trustee shall deliver the trust property as the settlor directs.</subsection><subsection number="75B-2-602(5)">A settlor's powers with respect to revocation, amendment, or distribution of trust property may be exercised by an agent under a power of attorney only to the extent expressly authorized by the terms of the trust or the power.</subsection><subsection number="75B-2-602(6)">A conservator of the settlor or, if no conservator has been appointed, a guardian of the settlor may exercise a settlor's powers with respect to revocation, amendment, or distribution of trust property only with the approval of the court supervising the conservatorship or guardianship.</subsection><subsection number="75B-2-602(7)">A trustee who does not know that a trust has been revoked or amended is not liable to the settlor or settlor's successors in interest for distributions made and other actions taken on the assumption that the trust had not been amended or revoked.</subsection></section>