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2010 Florida Statutes
SECTION 0401
Methods of creating trust.
Methods of creating trust.
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.