Interest remaining in creator of trust · as in force on May 31, 2026
§ 7-1.7 Interest remaining in creator of trust
Every legal estate and interest not embraced in an express trust and not otherwise disposed of remains in the creator.
Every legal estate or interest that is not included in an express trust and not otherwise disposed of remains with the trust’s creator. ★
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.
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.