{"data":{"id":"us-il/760-ilcs-3-401","jurisdiction":"us-il","citation":"760 ILCS 3/401","heading":"Methods of creating trust.","body":"A trust may be created by:\n(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;\n(2) declaration by the owner of property that the owner holds identifiable property as trustee;\n(3) exercise of a power of appointment in favor of a trustee;\n(4) order of a court; or\n(5) exercise by an authorized fiduciary of the powers granted in Article 12.","path":["CHAPTER 760 TRUSTS AND FIDUCIARIES","Illinois Trust Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4001\u0026ChapterID=61\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:44Z","sha256":"bf12f81e9af83e8913fd5cf37cc0c8bf6823dfce6f7d932501931d8f3e93caa0","source_id":"us-il","stale":false,"prev":"us-il/760-ilcs-3-307","next":"us-il/760-ilcs-3-402"},"notice":"GroundRules: Original legal text. Not legal advice."}