2016 New Jersey Revised Statutes
Title 3b - Administration Of Estates--decedents And Others
Section 3B:31-18 - Methods Of Creating Trust.

NJ Rev Stat § 3B:31-18 (2016) What's This?

3B:31-18 Methods of creating trust.
3B:31-18. Methods of Creating Trust.

A trust may be created by:

a.transfer of property under a written instrument to another person as trustee during the settlor's lifetime or by will or other written disposition taking effect upon the settlor's death;

b.written declaration by the owner of property that the owner holds identifiable property as trustee; or

c.written exercise of a power of appointment in favor of a trustee.

L.2015, c.276, s.1.


Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.