N.Y. EPT Law § 1-2.20
This is the official text of N.Y. EPT Law § 1-2.20, part of New York’s EPT Law — part of the compiled statutory law of New York, published by the state as "EPT Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Lifetime trust
Official statutory text
§ 1-2.20 Lifetime trust\n The term "lifetime trust" shall mean an express trust and all\namendments thereto created other than by will and shall not include; a\ntrust for the benefit of creditors, a resulting or constructive trust, a\nbusiness trust where certificates of beneficial interest are issued to\nthe beneficiary, an investment trust, voting trust, a security\ninstrument such as a deed of trust and a mortgage, a trust created by\nthe judgment or decree of a court, a liquidation or reorganization\ntrust, a trust for the sole purpose of paying dividends, interest,\ninterest coupons, salaries, wages, pensions or profits, instruments\nwherein persons are mere nominees for others, or a trust created in\ndeposits in any banking institution or savings and loan institution.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.