Subject to other provisions of this chapter, a trust may be created by any of the following methods:
(a)
A declaration by the owner of property that the owner holds the property as trustee.
(b)
A transfer of property by the owner during the owner’s lifetime to another person as trustee.
(c)
A transfer of property by the owner, by will or by other instrument taking effect upon the death of the owner, to another person as trustee.
(d)
An exercise of a power of appointment to another person as trustee.
(e)
An enforceable promise to create a trust.