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Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Chapter 456

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  456.4-401.  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)  a court under section 475.092, 475.093, or 511.030, or 42 U.S.C. Section 1396p(d)(4).

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(L. 2004 H.B. 1511, A.L. 2006 S.B. 892)


---- end of effective   28 Aug 2006 ----

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