Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 10-7.1 — Creditors of the donee; special power
N.Y. Est. Powers & Trusts Law § 10-7.1
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 10-7.1 Creditors of the donee; special power
Citator
N.Y. Est. Powers & Trusts Law § 10-7.1 — Creditors of the donee; special power is in force in the current edition of the Code, and nothing recorded condemns it.
§ 10-7.1 Creditors of the donee; special power
Property covered by a special power of appointment (or a general power of appointment that is exercisable solely for the support, maintenance, health and education of the donee within the meaning of sections 2041 and 2514 of the Internal Revenue Code) is not subject to the payment of the claims of creditors of the donee, his estate or the expenses of administering his estate.