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2017 Montana Code Annotated
TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
CHAPTER 38. MONTANA UNIFORM TRUST CODE
Part 4. Creation, Validity, Modification, and Termination of Trust
72-38-401. Methods of creating trust
Universal Citation: MT Code § 72-38-401 (2017)
72-38-401. Methods of creating trust. A trust may be created by:
(1) transfer of property to a 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.
History: En. Sec. 50, Ch. 264, L. 2013.
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