Current through the 2023 Legislative Session.
Section 15200 - Methods of creatingSubject to other provisions of this chapter, a trust may be created by any of the following methods:
(a) A declaration by the owner of property that the owner holds the property as trustee.(b) A transfer of property by the owner during the owner's lifetime to another person as trustee.(c) A transfer of property by the owner, by will or by other instrument taking effect upon the death of the owner, to another person as trustee.(d) An exercise of a power of appointment to another person as trustee.(e) An enforceable promise to create a trust.Enacted by Stats. 1990, Ch. 79.