(1) Transfer of property to another person as trustee during the settlor’s lifetime or by will or other disposition taking effect on 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.
History.—s. 4, ch. 2006-217.
Structure Florida Statutes
Title XLII - Estates and Trusts
Chapter 736 - Florida Trust Code
Part IV - Creation, Validity, Modification, and Termination (Ss. 736.0401-736.0417)
736.0401 - Methods of creating trust.
736.0402 - Requirements for creation.
736.0403 - Trusts created in other jurisdictions; formalities required for revocable trusts.
736.0405 - Charitable purposes; enforcement.
736.0406 - Effect of fraud, duress, mistake, or undue influence.
736.0407 - Evidence of oral trust.
736.0408 - Trust for care of an animal.
736.0409 - Noncharitable trust without ascertainable beneficiary.
736.0410 - Modification or termination of trust; proceedings for disapproval of nonjudicial acts.
736.04114 - Limited judicial construction of irrevocable trust with federal tax provisions.
736.04117 - Trustee’s power to invade principal in trust.
736.0412 - Nonjudicial modification of irrevocable trust.
736.0414 - Modification or termination of uneconomic trust.
736.0415 - Reformation to correct mistakes.
736.0416 - Modification to achieve settlor’s tax objectives.