A trust may be created by any of the following methods:
(A) Transfer of property to another person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;
(B) Declaration by the owner of property that the owner holds identifiable property as trustee;
(C) Exercise of a power of appointment in favor of a trustee;
(D) A court order.
Effective Date: 01-01-2007 .