§ 15200 Subject to other provisions of this chapter, a trust may be created …
§ 15201 A trust is created only if the settlor properly manifests an …
§ 15202 A trust is created only if there is trust property.
§ 15203 A trust may be created for any purpose that is not illegal or against …
§ 15204 A trust created for an indefinite or general purpose is not invalid …
§ 15205 (a) A trust, other than a charitable trust, is created only if …
§ 15206 A trust in relation to real property is not valid unless evidenced by …
§ 15207 (a) The existence and terms of an oral trust of personal …
§ 15208 Consideration is not required to create a trust, but a promise to …
§ 15209 If a trust provides for one or more successor beneficiaries after the …
§ 15210 A trust created pursuant to this chapter which relates to real …
§ 15211 A trust for a noncharitable corporation or unincorporated society or …
§ 15212 (a) Subject to the requirements of this section, a trust for …
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Terms Used In California Codes > Probate Code > Division 9 > Part 2 > Chapter 1 - Creation and Validity of Trusts

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: means a person to whom a donative transfer of property is made or that person's successor in interest, and:

    California Probate Code 24

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: includes city and county. See California Water Code 14
  • Instrument: means a will, a document establishing or modifying a trust, a deed, or any other writing that designates a beneficiary or makes a donative transfer of property. See California Probate Code 45
  • land: includes city and town lots and excepts improvements. See California Water Code 25500
  • Person: means an individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, association, or other entity. See California Probate Code 56
  • Personal property: All property that is not real property.
  • Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
  • Trust: includes the following:

    California Probate Code 82

  • Trustee: includes an original, additional, or successor trustee, whether or not appointed or confirmed by a court. See California Probate Code 84
  • Trustee: A person or institution holding and administering property in trust.
  • Will: includes codicil and any testamentary instrument which merely appoints an executor or revokes or revises another will. See California Probate Code 88