Consideration is not required to create a trust, but a promise to create a trust in the future is enforceable only if the requirements for an enforceable contract are satisfied.
(Enacted by Stats. 1990, Ch. 79.)
Prob. Code § 15208, under Creation and Validity of Trusts.
Prob. Code § 15208
Consideration is not required to create a trust, but a promise to create a trust in the future is enforceable only if the requirements for an enforceable contract are satisfied.
(Enacted by Stats. 1990, Ch. 79.)