A trust may be created by:

A. A declaration by the owner of property that he holds it as trustee for another person, or for himself and another person or persons; or

B. A transfer inter vivos by the owner of property to another person as trustee for the transferor or for a third person; or

C. A transfer by will by the owner of property to another person as trustee for a third person; or

D. An appointment by one person having a power of appointment to another person as trustee for the donee of the power or for a third person; or

E. A promise by one person to another person whose rights thereunder are to be held in trust for a third person; or

F. A beneficiary may be a cotrustee and the legal and equitable title to the trust estate shall not merge by reason thereof. Provided, however, that no trust in relation to real property shall be valid, unless created or declared:

1. By a written instrument subscribed by the trustor or by his agent thereto authorized by writing;

2. By the instrument under which the trustee claims the estate affected.

Historical Data

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Laws 1941, HB 174, p. 251, § 6.

Citationizer^® Summary of Documents Citing This Document

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Cite	Name	Level
Oklahoma Attorney General's Opinions
	Cite	Name	Level
	2019 OK AG 4,	Question Submitted by: The Honorable Rhonda Baker, State Representative, District 60; The Honorable Dewayne Pemberton, State Senate, District 9	Cited
	1984 OK AG 149,	Question Submitted by: Rex Privett, Executive Director, Oklahoma Public Employees Retirement System	Discussed
Oklahoma Court of Civil Appeals Cases
	Cite	Name	Level
	2019 OK CIV APP 8, 435 P.3d 114,	WAVELAND DRILLING PARTNERS v. NEW DOMINION	Cited
Oklahoma Supreme Court Cases
	Cite	Name	Level
	2009 OK 20, 206 P.3d 599,	WELCH v. CROW	Discussed
	2023 OK 103, 538 P.3d 176,	HAMILTON v. WELSH	Cited

Citationizer: Table of Authority

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Cite	Name	Level
None Found.