§ 386b-4-010

386B.4 -010 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. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 23, effective July 15, 2014.