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METHODS OF CREATING A TRUST
Omittedno material change
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agreement agrees to hold bailment bank become trustee beneﬁciary beneﬁt chose in action compelled to hold constructive trust convey Blackacre court court of equity create a trust death debt declaration of trust declares himself trustee deed default of appointment designated devisee or legatee devises or bequeaths donor duty effective enforceable equitable charge erty executes executor free of trust gift held in trust hold the land hold the property holds Blackacre Illustration instrument intended trust intention to create inter vivos trust liable manifests an intention memorandum Omitted—No Material Change oral trust owner of Blackacre owner of property PAROL EVIDENCE RULE person as trustee power of appointment promise property in trust property is transferred reserves power Restatement of Contracts Restatement of Property resulting trust securities speciﬁc Statute of Frauds subject matter subsequent sufﬁcient testator third person transfer the property transferor transfers Blackacre trust arises trust is created trust property