Legal Articles

Oral Trusts

An express trust is one in which the settlor/grantor (i.e., the trust creator) purposefully creates a trust. It can only come into existence by the manifestation of an intention to create the trust agreement and relationship. Warsick v. De Mayo, 213 S.W.2d 392, 395 (Mo. 1948); Section 456.4-402, RSMo (“a trust is created only if…the settor…

Scroll to Top