A trust may be created only to the extent its purposes are lawful and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries as the interests of such beneficiaries are defined under the terms of the trust.
Structure 2021 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 15 - Tennessee Uniform Trust Code
Part 4 - Creation, Validity, Modification, and Termination of Trust
§ 35-15-401. Methods of Creating Trust
§ 35-15-403. Trusts Created in Other Jurisdictions
§ 35-15-406. Creation of Trust Induced by Fraud, Duress, or Undue Influence
§ 35-15-407. Evidence of Oral Trust
§ 35-15-409. Noncharitable Trust Without Ascertainable Beneficiary
§ 35-15-415. Reformation to Correct Mistakes
§ 35-15-416. Modification to Achieve Settlor's Tax Objectives