Opinion ID: 1591968
Heading Depth: 1
Heading Rank: 5

Heading: existence of a trust

Text: Directing our attention to a portion of Restatement (Second) of Trusts § 24 (1959), the defendants first contend that a valid trust was created by Elizabeth R. Wright's oral declaration. Brief for appellants at 8. The pertinent language reads: (1) Except as otherwise provided by statute, the manifestation of intention to create a trust may be made by written or spoken words or by conduct. (2) No particular form of words or conduct is necessary for the manifestation of intention to create a trust. The Restatement, supra at 67. However, while this may be an accurate statement of how the settlor may manifest her intent, we have held that an express trust in real estate may not be created by parol agreement, for such agreement contravenes the statute of frauds. Musil v. Beranek, 160 Neb. 269, 69 N.W.2d 885 (1955).