Express trusts

Formal and precatory words. Trust purposes and conditions in terrorem. Capacity of settlor. Non-merger. Transfer of property in trust. Additions to trust property. Construction; parol evidence. Trusts for animals. 53-12-40. Spendthrift Provisions and Creditors’ Rights and Claims 53-12-80. 53-12-81. 53-12-82. 53-12-41. 53-12-42. 53-12-43. 53-12-44. 53-12-83. Revocation and modification generally. Trustee’s consent necessary to enlarge duties. Notice to trustee. Power of agent or conservator to revoke trust. Trust not revocable because life estate holder has reversion. Reformation to correct mistakes. Power to direct modification or termination; petition to modify or terminate irrevocable trust; proceeding to approve proposed modification or termination; distribution of trust property under order for termination; waiver of notice. Power of trustee to invade principal of original trust. Division and consolidation of trusts [Repealed]. Termination of trusts [Repealed]. Modification or termination of uneconomic trust. Article 5 Article 3 Revocable Trusts Limitation on action contesting validity of revocable trust. Spendthrift provisions. Limitations on creditors’ rights to discretionary distributions. Rules for trusts; consideration of assets of an inter vivos marital trust following death. Creditors’ claims against property that is subject to withdrawal right. Article 6 Testamentary Additions to Trusts PART 1 TESTAMENTARY ADDITIONS TO TRUSTS 53-12-100. Short title.