Current through Chapter 381 of the 2024 Legislative Session
Section 564-B:4-401 - 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;(3) exercise of a power of appointment in favor of a trustee; or(4) judgment or decree of a court.