Methods of Trust Creation Interactions
| Summer decides
to create a trust, for the benefit of her niece, Samantha. She writes,
“I hereby declare myself trustee of my Palm Springs, CA home for
Samantha.” A valid trust is created.
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| Brock is planning
to establish a trust, for the benefit of his nephew, Carson. He executed
and delivered a power of attorney to his lawyer, Thierry (the proposed
trustee), by which title to the trust res could be transferred by his
agent, Thierry. A valid trust is created.
|
| Michael promises
Maggie in writing that if she marries him he will convey a home in Tampa,
FL in trust for Maggie’s mother. Michael marries Maggie. A valid
trust is created.
|
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