§ 29-1-5-9 — Trust inter vivos; execution

An instrument creating an inter vivos trust in
order to be valid need not be executed as a testamentary instrument
pursuant to section 3 or 3.1 of this chapter, even though such trust
instrument reserves to the maker or settlor the power to revoke, or the
power to alter or amend, or the power to control investments, or the
power to consume the principal, or because it reserves to the maker or
settlor any one or more of said powers.
Formerly: Acts 1953, c.112, s.509. As amended by Acts 1982,
P.L.171, SEC.17; P.L.4-2003, SEC.5.