(UTC 407) Except as required by a statute other than the Nebraska Uniform Trust Code, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms, or an amendment or revocation of an oral trust, may be established only by clear and convincing evidence.
Neb. Rev. Stat. § 30-3833
(UTC 407) Evidence of oral trust
Applied in 2 court decisions — leading case In re Estate of Stuchlik (2014)
Most recently applied in Allison v. Centris Fed. Credit Union (In re Tri-State Fin., LLC) (March 2018)
Laws 2003, LB 130, § 33.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.