N.J. Stat. § 3B:31-18

Current through L. 2023, c. 200.

Section 3B:31-18 - Methods of creating trust

A trust may be created by:

a. transfer of property under a written instrument to another person as trustee during the settlor's lifetime or by will or other written disposition taking effect upon the settlor's death;

b. written declaration by the owner of property that the owner holds identifiable property as trustee; or

c. written exercise of a power of appointment in favor of a trustee.

N.J.S. § 3B:31-18

Added by L. 2015, c. 276,s. 1, eff. 7/17/2016.