Article

Creation, Validity, Modification, and Termination of Trust

N.C. Gen. Stat. § 36C-4-401— Methods of creating trust
N.C. Gen. Stat. § 36C-4-401.1— Interest of trustee as beneficiary of life insurance or other death benefit sufficient to support inter vivos or testamentary trust
N.C. Gen. Stat. § 36C-4-401.2— Creation of trust by a court
N.C. Gen. Stat. § 36C-4-402— Requirements for creation
N.C. Gen. Stat. § 36C-4-403— Trusts created in other jurisdictions
N.C. Gen. Stat. § 36C-4-404— Trust purposes
N.C. Gen. Stat. § 36C-4-405— Charitable purposes
N.C. Gen. Stat. § 36C-4-405.1— Enforcement of charitable gift or trust
N.C. Gen. Stat. § 36C-4-405.2— Spending rules applicable to charitable trusts
N.C. Gen. Stat. § 36C-4-406— Creation of trust induced by fraud, duress, or undue influence
N.C. Gen. Stat. § 36C-4-407— Evidence of oral trust
N.C. Gen. Stat. § 36C-4-408— Trust for care of animal
N.C. Gen. Stat. § 36C-4-409— Noncharitable trust without ascertainable beneficiary
N.C. Gen. Stat. § 36C-4-410— Modification or termination of trust; proceedings for approval or disapproval
N.C. Gen. Stat. § 36C-4-411— Modification or termination of noncharitable irrevocable trust by consent
N.C. Gen. Stat. § 36C-4-412— Modification or termination because of unanticipated circumstances or inability to administer trust effectively
N.C. Gen. Stat. § 36C-4-413— Cy pres
N.C. Gen. Stat. § 36C-4-414— Modification or termination of uneconomic trust
N.C. Gen. Stat. § 36C-4-415— Reformation to correct mistakes
N.C. Gen. Stat. § 36C-4-416— Modification to achieve settlor's tax objectives
N.C. Gen. Stat. § 36C-4-417— Combination and division of trusts
N.C. Gen. Stat. § 36C-4-418— Distribution upon termination of trust
N.C. Gen. Stat. § 36C-4-419— Effect of inalienable interest on modification or termination