There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2012 New York Consolidated Laws
EPT - Estates, Powers & Trusts
Article 7 - TRUSTS
Part 1 - (7-1.1 - 7-1.19) RULES GOVERNING TRUSTS
7-1.1 - When trust interests not to merge


NY Est Pow & Trusts L § 7-1.1 (2012) What's This?
 
  § 7-1.1 When trust interests not to merge
    A  trust  is not merged or invalid because a person, including but not
  limited to the creator of the trust, is or may become the  sole  trustee
  and the sole holder of the present beneficial interest therein, provided
  that  one  or  more  other  persons  hold a beneficial interest therein,
  whether such interest be vested or contingent, present  or  future,  and
  whether created by express provision of the instrument or as a result of
  reversion to the creator's estate.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.