New York Estates, Powers & Trusts Law Section 10-7.1 - Creditors of the donee; special power

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.

Last modified: February 3, 2019