Current through Chapter 223 of the 2024 Legislative Session
Section 203E:401 - 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 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.