Section 5804.01. Methods of creation of trusts  


Latest version.
  • A trust may be created by any of the following methods:

    (A) 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;

    (B) Declaration by the owner of property that the owner holds identifiable property as trustee;

    (C) Exercise of a power of appointment in favor of a trustee;

    (D) A court order.

Effective Date: 01-01-2007