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Texas Property Code - PROP § 112.001. Methods of Creating Trust

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A trust may be created by:

(1) a property owner's declaration that the owner holds the property as trustee for another person;

(2) a property owner's inter vivos transfer of the property to another person as trustee for the transferor or a third person;

(3) a property owner's testamentary transfer to another person as trustee for a third person;

(4) an appointment under a power of appointment to another person as trustee for the donee of the power or for a third person;  or

(5) a promise to another person whose rights under the promise are to be held in trust for a third person.

Cite this article: FindLaw.com - Texas Property Code - PROP § 112.001. Methods of Creating Trust - last updated April 14, 2021 | https://codes.findlaw.com/tx/property-code/prop-sect-112-001.html


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