Maine § 18-B §403 Trusts created in other jurisdictions

Maine Statutes

§ 18-B §403 — Trusts created in other jurisdictions

Maine·Title 18-B TRUSTS·Part 1 MAINE UNIFORM TRUST CODE·Ch. 4 CREATION, VALIDITY, MODIFICATION AND TERMINATION OF TRUST

A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which at the time of creation:

1.Settlor. The settlor was domiciled, had a place of abode or was a national;

2.Trustee. A trustee was domiciled or had a place of business; or

3.Trust property. Any trust property was located.

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A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which at the time of creation:
1.
Settlor.
The settlor was domiciled, had a place of abode or was a national;
2.
Trustee.
A trustee was domiciled or had a place of business; or
3.
Trust property.
Any trust property was located.

Maine § 18-B §403 (Trusts created in other jurisdictions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.