EPTL § 7-1.15

What property may be disposed of by lifetime trust  ·  as in force on May 31, 2026

§ 7-1.15 What property may be disposed of by lifetime trust

Every estate in property may be disposed of by lifetime trust.

Official sourcehttps://www.nysenate.gov/legislation/laws/EPT/7-1.15

In plain English

Every estate or interest in property may be disposed of through a lifetime trust. ★ The rule applies to every type of property estate.

Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.

In print

This provision appears in Volume 1 — The Surrogate's Court in Plain English; Volume 3 — The Surrogate's Court: Court Rules & the EPTL; Volume 5 — Your Career: Surrogate's Court in Plain English.