Current through L. 2023, c. 171.
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; orc. written exercise of a power of appointment in favor of a trustee.Added by L. 2015, c. 276,s. 1, eff. 7/17/2016.