Court of Appeals of New York

A trustee's status as a remainder beneficiary does not in itself invalidate a unitrust election made by that trustee, and that a trustee may elect unitrust status retroactively to January 1, 2002, the effective date of the Estates, Powers and Trusts Law 11-2.4.

Appellate Information

• Decided 05/04/2006
• Published 05/04/2006

Judges

Court

• Court of Appeals of New York

Counsel