{"data":{"id":"us-nc/n.c.-gen.-stat.-36c-4-401","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 36C-4-401","heading":"Methods of creating trust.","body":"A trust may be created by any of the following methods:\n(1)\tTransfer of property by a settlor to a person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death including either of the following:\na.\tThe devise to the trustee of the trust as provided in G.S. 31-47.\nb.\tThe designation of the trust as beneficiary of life insurance or other death benefits as provided in G.S. 36C-4-401.1.\n(2)\tDeclaration by the owner of property that the owner holds identifiable property as trustee unless the transfer of title of that property is otherwise required by law.\n(3)\tExercise of a power of appointment in favor of a trustee.\n(4)\tA court by judgment, order, or decree, including the establishment of a trust pursuant to section 1396p(d)(4) of Title 42 of the United States Code. (2005-192, s. 2; 2007-106, s. 14; 2009-267, s. 2; 2011-284, s. 45.)","path":["Chapter 36C. North Carolina Uniform Trust Code.","Article 4. Creation, Validity, Modification, and Termination of Trust."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_36C/GS_36C-4-401.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:01:17Z","sha256":"a745c918e3c8d30bdda8d8854eeb6524f86857afd4c0ddecdf2750aab2c79adc","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-36c-3-305","next":"us-nc/n.c.-gen.-stat.-36c-4-401.1"},"notice":"GroundRules: Original legal text. Not legal advice."}
