Montana Code Annotated 2021

TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 38. MONTANA UNIFORM TRUST CODE

Part 4. Creation, Validity, Modification, and Termination of Trust

Methods Of Creating Trust

72-38-401. Methods of creating trust. A trust may be created by:

(1) transfer of property to a person as trustee during the settlor's lifetime or by will or other disposition taking effect upon 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: En. Sec. 50, Ch. 264, L. 2013.