Legislation

Search OpenLegislation Statutes

The Laws of New York
Consolidated Laws of New York
CHAPTER 17-B
Estates, Powers & Trusts
ARTICLE 7
Trusts
PART 1
Rules Governing Trusts
previous
SECTION 7-1.13
Division of trusts and establishment of separate trusts
up
PART 1
Rules Governing Trusts
next
SECTION 7-1.15
What property may be disposed of by lifetime trust
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 7-1.14
Who may make a lifetime trust
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 7, PART 1
§ 7-1.14 Who may make a lifetime trust

Any person, as defined in 1-2.12, may by lifetime trust dispose of
real and personal property. A natural person who creates a lifetime
trust shall be eighteen years of age or older.