Section 5.25 Mode of Modification
| Library | Trusts and Powers 2013 Supp |
B. (§5.25) Mode of Modification
Missouri common law, as developed before the enactment of the MUTC, provides that modifications are “effective only in the manner expressed in the trust instrument under an expressly reserved power to amend.” Love v. St. Louis Union Trust Co., 497 S.W.2d 154, 159 (Mo. banc 1973). In Love, the trust provided that the settlor could only alter, amend, or revoke the trust by a written instrument executed and delivered to the trustee by the settlor while living. As such, the...
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