Md. Code, Estates and Trusts § 14.5-401
Md. Code, Estates and Trusts § 14.5-401
in effect§14.5–401.
A trust may be created by:
(1) Transfer of property to another person as trustee during the lifetime of the settlor or by will or other disposition taking effect on the death of the settlor;
(2) Declaration by the owner of property that the owner holds identifiable property as trustee; or
(3) Exercise of a power of appointment in favor of a trustee.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=get§ion=14.5-401&enactments=falseFetched: 10/17/2026