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A trust is created when the
person creating the trust, termed the author ofthe trust indicates with reasonable
certainty by any words or acts the following. a) An intention on his part to
create trust. b) The purpose of the trust. c) The beneficiary . d) The
trust property
Again, unless the trust is declared by will, or
the author of the trust ishimself to be trustee, the author has to transfer the
trust property tothe trustee
A trust in relation to immovable property
has to be declared in writingsigned by the author of the trust or the trustee
and has to be as wellregistered such a trust may as well be declared by a will
of the author ofthe trust or of the trustee. The will is not required to be registered.
A trust in relation to movable property can be either declared
as in thecase of immovable property or by transferring ownership of the property
tothe trustee.
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