Mass. Gen. Laws ch. 203E § 401

Current through Chapter 67 of the 2024 Legislative Session
Section 203E:401 - Methods of creating trust

A trust may be created by:

(1) transfer of property to another person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;
(2) declaration by the owner of property that the owner holds identifiable property as trustee; or
(3) exercise of a power of appointment in favor of a trustee.

Mass. Gen. Laws ch. 203E, § 401

Added by Acts 2012, c. 140,§ 56, eff. 7/8/2012.