Mont. Code Ann. § 72-38-401

Methods of creating trust

Known as the Montana Uniform Trust Code

The act spans §§ 72–72 (139 sections).

A trust may be created by:

(1) transfer of property to a person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;

(2) declaration by the owner of property that the owner holds identifiable property as trustee; or

(3) exercise of a power of appointment in favor of a trustee.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.