Sec. 112.007. CAPACITY OF SETTLOR. A person has the same capacity to create a trust by declaration, inter vivos or testamentary transfer, or appointment that the person has to transfer, will, or appoint free of trust.
Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.
Structure Texas Statutes
Subtitle B - Texas Trust Code: Creation, Operation, and Termination of Trusts
Chapter 112 - Creation, Validity, Modification, and Termination of Trusts
Section 112.001. Methods of Creating Trust
Section 112.002. Intention to Create Trust
Section 112.003. Consideration
Section 112.004. Statute of Frauds
Section 112.005. Trust Property
Section 112.006. Additions to Trust Property
Section 112.007. Capacity of Settlor
Section 112.008. Capacity of Trustee
Section 112.009. Acceptance by Trustee
Section 112.010. Presumed Acceptance by Beneficiary; Disclaimer