4-10-401. Methods of creating trust.
(a) A trust may be created by:
(i) Transfer of property to another person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;
(ii) Declaration by the owner of property that the owner holds identifiable property as trustee;
(iii) Exercise of a power of appointment in favor of a trustee;
(iv) The court as provided in W.S. 3-3-607(a)(vi); or
(v) An agent under a power of attorney where the express authority is designated with the appointment document and where the trust directs distribution upon the settlor's death consistent with an existing will or other testamentary instrument or in absence thereof in accordance with the law of intestate succession as provided in W.S. 2-4-101.
Structure Wyoming Statutes
Chapter 10 - Uniform Trust Code
Article 4 - Creation, Validity, Modification and Termination of Trust
Section 4-10-401 - Methods of Creating Trust.
Section 4-10-402 - Title of Trust Property.
Section 4-10-403 - Requirements for Creation.
Section 4-10-404 - Trusts Created in Other Jurisdictions.
Section 4-10-405 - Trust Purposes.
Section 4-10-406 - Charitable Purposes; Enforcement.
Section 4-10-407 - Creation of Trust Induced by Fraud, Duress or Undue Influence.
Section 4-10-408 - Evidence of Oral Trust.
Section 4-10-409 - Trust for Care of Animal.
Section 4-10-410 - Noncharitable Trust Without Ascertainable Beneficiary.
Section 4-10-411 - Modification or Termination of Trust; Proceedings for Approval or Disapproval.
Section 4-10-412 - Modification or Termination of Noncharitable Irrevocable Trust by Consent.
Section 4-10-415 - Modification or Termination of Uneconomic Trust.
Section 4-10-416 - Reformation to Correct Mistakes.
Section 4-10-417 - Modification to Achieve Settlor's Tax Objectives.