§ 19-1304.01

D.C. Code § 19-1304.01

Methods of creating trust.

Effective Mar 10, 2004Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208

A trust may be created by:

  1. (1) Transfer of property to another person as trustee during the settlor’s lifetime or by will or other disposition taking effect upon the settlor’s death;
  2. (2) Declaration by the owner of property that the owner holds identifiable property as trustee;
  3. (3) Exercise of a power of appointment in favor of a trustee; or
  4. (4) A court for the benefit of an individual in lieu of a transfer of property to a conservatorship or guardianship pursuant to Chapter 1 or subchapter VI of Chapter 20 of Title 21 of the District of Columbia Official Code.

History

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208

Editor's Notes

Uniform Law: This section is based upon § 401 of the Uniform Trust Code.

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