Indiana Code 30-4-8-3. Establishment
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Sec. 3. A legacy trust is established by:
(2) including the terms required by section 4 of this chapter in the legacy trust; and
(1) designating in writing in the trust that the trust is a legacy trust established under this chapter;
Terms Used In Indiana Code 30-4-8-3
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- Legacy: A gift of property made by will.
(3) delivering a qualified affidavit containing the statements required by section 5 of this chapter to the qualified trustee.
As added by P.L.221-2019, SEC.9.