ARTICLE 4 CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST
Section 564-B:4-401
564-B:4-401 Methods of Creating Trust. –
A trust may be created by:
(1) 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;
(2) declaration by the owner of property that the owner holds identifiable property as trustee;
(3) exercise of a power of appointment in favor of a trustee; or
(4) judgment or decree of a court.