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Current as of January 02, 2024 | Updated by FindLaw Staff
A trust may be created by:
(1) The 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) The declaration by the owner of property that the owner holds identifiable property as trustee;
(3) The exercise of a power of appointment in favor of a trustee; or
(4) A court pursuant to its statutory or equitable powers.
Cite this article: FindLaw.com - Tennessee Code Title 35. Fiduciaries and Trust Estates § 35-15-401 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-35-fiduciaries-and-trust-estates/tn-code-sect-35-15-401/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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