§ 403. Trusts created in other jurisdictions
A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed, or the law of the jurisdiction in which, at the time of creation:
(1) the settlor was domiciled, had a place of abode, or was a citizen;
(2) a trustee was domiciled or had a place of business; or
(3) any trust property was located. (Added 2009, No. 20, § 1.)
Structure Vermont Statutes
Chapter 4 - Creation, Validity, Modification, and Termination of Trust
§ 401. Methods of creating trust
§ 402. Requirements for creation
§ 403. Trusts created in other jurisdictions
§ 405. Charitable purposes; enforcement
§ 406. Creation of trust induced by fraud, duress, or undue influence
§ 408. Trust for care of animal
§ 409. Noncharitable trust without ascertainable beneficiary
§ 410. Modification or termination of trust; proceedings for approval or disapproval
§ 411. Modification or termination of noncharitable irrevocable trust by consent
§ 414. Modification or termination of uneconomic trust
§ 415. Reformation to correct mistakes
§ 416. Modification to achieve settlor’s tax objectives
§ 417. Combination and division of trusts
§ 418. Intentional and unlawful killing; termination of interest in trust