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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

    Chapter 31: Uniform Trust Code

      Section: 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.

This section added to the Rutgers Database: 2016-02-15 11:38:05.






Older versions of 3b:31-18 (if available):



Court decisions that cite this statute: CLICK HERE.


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