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0 tracked cards Supplemental - Not MEE July 2026

Dana signed a written instrument stating, "I hold my investment account ending in 9900 as trustee. During my life I may use the income for myself, and at my death the remaining account shall be distributed to my nephew Eli." Dana never retitled the account and never transferred it to another person. The state follows UTC-style rules.
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A valid trust was created because Dana declared herself trustee of identifiable property for a definite beneficiary. A trust was created only when Dana died. No trust was created because Dana remained entitled to receive income during life. No trust was created because trust beneficiaries must be charities.

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