A trust may be created by:
Expressly grants authority to create the trust; or
Grants the agent or attorney-in-fact the authority to act in the management and disposition of the principal's property that is as broad or comprehensive as the principal could exercise for himself or herself and that does not expressly exclude the authority to create a trust. An agent or attorney-in-fact may file a petition for the court to determine whether a power of attorney described in this section grants the agent or attorney-in-fact authority that is as broad or comprehensive as that which the principal could exercise for himself or herself.
Structure Mississippi Code
Chapter 8 - Mississippi Uniform Trust Code
Article 4 - Creation, validity, modification, and termination of trust
§ 91-8-401. Methods of creating trust
§ 91-8-402. Requirements for creation
§ 91-8-403. Trusts created in other jurisdictions
§ 91-8-405. Charitable purposes; enforcement
§ 91-8-406. Creation of trust induced by fraud, duress, or undue influence
§ 91-8-407. Evidence of oral trust; trust in land
§ 91-8-408. Trust for care of animal
§ 91-8-409. Noncharitable trust without ascertainable beneficiary
§ 91-8-410. Modification or termination of trust; proceedings for approval or disapproval
§ 91-8-411. Modification or termination of noncharitable irrevocable trust by consent
§ 91-8-414. Modification or termination of uneconomic trust
§ 91-8-415. Reformation to correct mistakes
§ 91-8-416. Modification to achieve settlor's tax objectives