456.4-407. Evidence of oral trust. - Missouri Statutes

Evidence of oral trust.

456.4-407. 1. Except as provided in subsection 2 of this section, atrust need not be evidenced by a trust instrument, but the creation of anoral trust and its terms may be established only by clear and convincingevidence.

2. Other than for a conveyance by which a trust may arise or resultby the implication or construction of law, all declarations or creations oftrust of any lands, tenements or hereditaments shall be manifested andproved by some writing signed by the party who is, or shall be, by law,enabled to declare such trusts, or by the party's last will, in writing, orelse they shall be void.

(L. 2004 H.B. 1511)

Effective 1-01-05