§ 58-2401 How trust concerning land created
§ 58-2402 Title of purchaser without notice of trust
§ 58-2403 Record of trust as notice
§ 58-2406 Conveyance to one person when consideration paid by another
§ 58-2407 Same; effect as to creditors
§ 58-2408 Same; cases to which K.S.A. 58-2406 shall not extend
§ 58-2414 Grant reserving power of revocation
§ 58-2416 Power given to married woman
§ 58-2418 Power to grantee to sell
§ 58-2419 Act does not extend to simple power of attorney to convey lands
§ 58-2431 Trusts for benefit of state or agency or political or governmental subdivision of state; creation; purpose; acceptance; duration
§ 58-2432 Same; trust instruments and acceptance, recording; binding contract
§ 58-2433 Same; funds maintained in special account; use; use or pledging of other funds for trust purposes; lease of property necessary for execution of trust
§ 58-2434 Same; appointment, succession, powers, duties, terms and compensation of trustees
§ 58-2435 Same; property or interest subject to taxation
§ 58-2436 Same; payment of operation, maintenance and depreciation costs; fees and charges
§ 58-2437 Same; trustee required to be agency of state or political or governmental subdivision; liability for acts or omissions of trustee
§ 58-2438 Same; termination
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Terms Used In Kansas Statutes > Chapter 58 > Article 24 - Trusts and Powers

  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Devise: To gift property by will.
  • 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.
  • Grantor: The person who establishes a trust and places property into it.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
  • Testator: A male person who leaves a will at death.
  • Trustee: A person or institution holding and administering property in trust.
  • Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.