Md. Code, Est. & Trusts § 14.5-403

Current with changes from the 2024 Legislative Session

Section 14.5-403 - Validity of trust not created by will

A trust not created by will is validly created if the creation of the trust complies with:

(1) The law of the jurisdiction in which the trust instrument was executed; or

(2) The law of the jurisdiction in which, at the time of creation:

(i) The settlor was domiciled or was a national;

(ii) A trustee of the trust was domiciled or had a place of business; or

(iii) Any trust property was located.

Md. Code, ET § 14.5-403

Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.