Sec. 3. A legacy trust is established by:
(1) designating in writing in the trust that the trust is a legacy trust established under this chapter;
(2) including the terms required by section 4 of this chapter in the legacy trust; and
(3) delivering a qualified affidavit containing the statements required by section 5 of this chapter to the qualified trustee.
As added by P.L.221-2019, SEC.9.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
30-4-8-5. Qualified Affidavits
30-4-8-6. Qualified Trustees; Duties
30-4-8-7. Prohibited Causes of Action; Effect of Spendthrift Provision
30-4-8-10. Spendthrift Provisions
30-4-8-11. Transferor's Rights and Authority
30-4-8-12. Transferor's Service as an Investment Advisor
30-4-8-14. Appointment of Trust Directors
30-4-8-15. Resignation of Qualified Trustee; Appointing Successor Trustees