Current through the 2024 Legislative Session
Section 736.0401 - Methods of creating trustA 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 on 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.