Washington Code 11.98.014 – Trust creation — Oral trusts
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Except as required by a statute other than this title, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear, cogent, and convincing evidence.
[ 2011 c 327 § 19.]
NOTES:
Application—Effective date—2011 c 327: See notes following RCW 11.103.020.
Terms Used In Washington Code 11.98.014
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Statute: A law passed by a legislature.