Code · Arizona · Title 14 — Education, Libraries, and Museums

14-10401. Methods of creating trust

58 words·~1 min read·/az/title-14/14-10401

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.

3. Exercise of a power of appointment in favor of a trustee.