§ 14.5-401
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/md/estates-and-trusts/14-5-401·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§14.5–401.
A trust may be created by:
(1)Transfer of property to another person as trustee during the lifetime of the settlor or by will or other disposition taking effect on the death of the settlor;
(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.