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Methods of Creating Trust.
A trust may be created by:
a. transfer of property under a written instrument to another person as trustee during the settlor's lifetime or by will or other written disposition taking effect upon the settlor's death;
b. written declaration by the owner of property that the owner holds identifiable property as trustee; or
c. written exercise of a power of appointment in favor of a trustee.
Cite this article: FindLaw.com - New Jersey Statutes Title 3B. Administration of Estates Decedents and Others 3B § 31-18 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-3b-administration-of-estates-decedents-and-others/nj-st-sect-3b-31-18/
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