- A trust created by will may be revoked at the pleasure of the testator.

A trust otherwise created can be revoked only

(a) where all the beneficiaries are competent to contract by their consent;

(b) where the trust has been declared by a non-testamentary instrument or by word of mouth in exercise of a power of revocation expressly reserved to the author of the trust; or

(c) where the trust is for the payment of the debts of the author of the trust, and has not been communicated to the creditor sat the pleasure of the author of the trust.