Arkansas § 28-73-401 Methods of creating trust

Arkansas Statutes

§ 28-73-401 — Methods of creating trust

Arkansas § 28-73-401

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This text of Arkansas § 28-73-401 (Methods of creating trust) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 28-73-401 (2026).

Text

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) an agent under a power of attorney that expressly grants the agent the authority to create a trust.

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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) an agent under a power of attorney that expressly grants the agent the authority to create a trust.