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2017 Massachusetts General Laws
PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
TITLE II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS
Chapter 203E MASSACHUSETTS UNIFORM TRUST CODE
Article 4 CREATION, VALIDITY, MODIFICATION AND TERMINATION OF TRUST
Section 401 Methods of creating trust
Universal Citation: MA Gen L ch 4 § 401 (2017)
[Text of section applicable as provided by 2012, 140, Sec. 66.]
Section 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; or
(3) exercise of a power of appointment in favor of a trustee.
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