When estate of trustee ceases · as in force on May 31, 2026
§ 7-2.2 When estate of trustee ceases
When the purpose for which an express trust is created ceases, the estate of the trustee also ceases.
When the purpose of an express trust ends, the trustee’s estate in the trust property also ends. ★
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.