Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Oct 04, 2019 |
signed chap.352 |
Oct 01, 2019 |
delivered to governor |
Jun 03, 2019 |
returned to senate passed assembly ordered to third reading cal.447 substituted for a7519 |
Jun 03, 2019 |
substituted by s5513 |
May 23, 2019 |
advanced to third reading cal.447 |
May 21, 2019 |
reported |
May 08, 2019 |
referred to judiciary |
Assembly Bill A7519
Signed By Governor2019-2020 Legislative Session
Sponsored By
STIRPE
Archive: Last Bill Status Via S5513 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
Jeffrey Dinowitz
2019-A7519 (ACTIVE) - Details
- See Senate Version of this Bill:
- S5513
- Law Section:
- Estates, Powers and Trusts Law
- Laws Affected:
- Amd §3-3.7, EPT L
2019-A7519 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7519 2019-2020 Regular Sessions I N A S S E M B L Y May 8, 2019 ___________ Introduced by M. of A. STIRPE, DINOWITZ -- (at request of the Office of Court Administration) -- read once and referred to the Committee on Judiciary AN ACT to amend the estates, powers and trusts law, in relation to testamentary disposition to trustee under, or in accordance with, terms of existing inter vivos trust THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3-3.7 of the estates, powers and trusts law, para- graph (a) as amended by chapter 139 of the laws of 1997 and such section as renumbered by chapter 472 of the laws of 1967, is amended to read as follows: § 3-3.7 Testamentary disposition to trustee under, or in accordance with terms of existing inter vivos trust (a) A testator [or testatrix] may by will dispose of or appoint all or any part of [his or her] SUCH TESTATOR'S estate to a trustee of a trust, the terms of which are evidenced by a written instrument executed by the testator [or testatrix], the testator [or testatrix] and some other person, or some other person, including a trust established for the receipt of the proceeds of an annuity or pure endowment contract, or of a thrift, savings, pension, retirement, death benefit, stock bonus, or profit-sharing plan or system or a funded or unfunded life, group life, industrial life or accident and health insurance trust (although the [settlor] PERSON ESTABLISHING SUCH TRUST has reserved any or all rights of ownership of the insurance contracts), regardless of [the existence, size or character of the corpus of such insurance trust or other trust] WHETHER ANY ASSETS HAVE BEEN TRANSFERRED TO THE TRUST PRIOR TO THE DEATH OF THE TESTATOR; provided that [such] THE trust instrument is IDENTIFIED IN THE WILL AND IS executed BY THE PERSON ESTABLISHING THE TRUST PRIOR TO OR CONTEMPORANEOUSLY WITH THE EXECUTION OF THE WILL AND, UNLESS SUCH PERSON IS THE SOLE TRUSTEE, BY AT LEAST ONE TRUSTEE THEREOF PRIOR TO THE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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