Opinion ID: 1736657
Heading Depth: 2
Heading Rank: 1

Heading: The Tierce Transfer

Text: The language in the Tierce Transfer purporting to create a trust is unenforceable due to the lack of a present intention to create the trust. That language provides only that the balance of mortgage payments due the decedent at her death are to be made to the Trustee of the Trust which will be set up for the benefit of [the Church]. A manifestation of intention to create a trust inter vivos at some time subsequent to the time of manifestation does not create a trust. Restatement (Second) of Trusts § 26 (1959); see 1 A. Scott & W. Fratcher, The Law of Trusts § 26 (4th ed. 1987). Accordingly, no inter vivos trust was created by this language. In view of the fact that no valid testamentary trust was established with respect to this property, and that, indeed, these particular proceeds were not referenced in either the will or the trust document, the trial court was in error in including the proceeds from the Tierce Transfer in the trust it established in favor of the Church.