36C-6-606. Revocation of provisions in revocable trust by divorce or annulment; revival.
Dissolution of the settlor's marriage by absolute divorce or annulment after executing a revocable trust revokes all provisions in the trust in favor of the settlor's former spouse, including, but not by way of limitation, any provision conferring a general or special power of appointment on the former spouse and any appointment of the former spouse as trustee. Property prevented from passing to the former spouse because of revocation by divorce or absolute annulment passes as if the former spouse failed to survive the settlor, and other provisions conferring some power or office on the former spouse are interpreted as if the former spouse failed to survive the settlor. If provisions are revoked solely by this section, they are revived by the settlor's remarriage to the former spouse. The reference to "former spouse" in this section includes a purported former spouse. (2007-106, s. 26.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
§ 36C-6-601 - Capacity of settlor of revocable trust.
§ 36C-6-602 - Revocation or amendment of revocable trust.
§ 36C-6-602.1 - Exercise of settlor's powers with respect to revocable trust by agent or guardian.
§ 36C-6-603 - Settlor's control of revocable trust.
§ 36C-6-605 - Failure of disposition of property of a trust by lapse or otherwise.
§ 36C-6-606 - Revocation of provisions in revocable trust by divorce or annulment; revival.
§ 36C-6-607 - Modification or termination of a revocable trust.