736.0401 Methods of creating trust. - Florida Statutes

736.0401 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 on 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. s. 4, ch. 2006-217.