Section 11.17 Revocation

• Library: Trusts and Powers 2013 Supp

M. (§11.17) Revocation

A present transfer is irrevocable and the property is owned by the minor once the custodian has been designated in the manner provided in the law. Section 404.014, RSMo 2000. Provision for a future transfer in a will, trust, power of appointment, benefit plan, life or endowment insurance policy, annuity or other contract, or pay or transfer on death direction remains revocable until the time the transfer is to be made to the minor unless the instrument is irrevocable at the time the...