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The 190th General Court of the Commonwealth of Massachusetts

Section 401: Methods of creating trust

[Text of section applicable as provided by 2012, 140, Sec. 66.]

Section 401. 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 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.