710.105 Transfer by gift or exercise of power of appointment.
87 words·~1 min read·
/fl/title-xl/chapter-710/710-105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to s. 710.111 . Notwithstanding s. 710.106 , a transfer by irrevocable gift from a trust over which the grantor has at the time of transfer a right of revocation, as defined in s. 733.707 (3)(e), shall be treated for all purposes under this act as a transfer made directly by the grantor of the trust.