New York Estates, Powers & Trusts Law Part 1 - FIDUCIARIES: POWERS, DUTIES AND LIMITATIONS

• 11-1.1 - Fiduciaries' Powers
  11-1.1 Fiduciaries' powers (a) As used in this section, unless the context or subject matter otherwise requires, (1) the term "estate" means the estate of...
• 11-1.2 - Tax Elections by Personal Representatives
  11-1.2 Tax elections by personal representatives (A) If the personal representative or other person acting in a fiduciary capacity with respect to a decedent's estate,...
• 11-1.3 - Power and Duty of Executor Before Probate
  11-1.3 Power and duty of executor before probate An executor named in a will has no power to dispose of any part of the estate...
• 11-1.4 - Validity of Execution of Power to Sell, Mortgage or Lease Real Property by Less Than All Qualifying Executors
  11-1.4 Validity of execution of power to sell, mortgage or lease real property by less than all qualifying executors Any deed, mortgage or lease duly...
• 11-1.5 - Payment of Testamentary Dispositions or Distributive Shares
  11-1.5 Payment of testamentary dispositions or distributive shares (a) Subject to his or her duty to retain sufficient assets to pay administration and reasonable funeral...
• 11-1.6 - Property Held As Fiduciary to Be Kept Separate
  11-1.6 Property held as fiduciary to be kept separate (a) Every fiduciary shall keep property received as fiduciary separate from his individual property. He shall...
• 11-1.7 - Limitations on Powers and Immunities of Executors and Testamentary Trustees
  11-1.7 Limitations on powers and immunities of executors and testamentary trustees (a) The attempted grant to an executor or testamentary trustee, or the successor of...
• 11-1.8 - Power of Fiduciary or Custodian for Fiduciary to Deposit United States Government and Agency Securities With a Federal Reserve Bank
  11-1.8 Power of fiduciary or custodian for fiduciary to deposit United States government and agency securities with a federal reserve bank (a) Notwithstanding any other...
• 11-1.9 - Power of Fiduciary or Custodian to Deposit Securities in a Central Depository
  11-1.9 Power of Fiduciary or Custodian to Deposit Securities in a Central Depository (a) Notwithstanding any other provision of law, any fiduciary (as defined in...
• 11-1.10 - Power of Fiduciary to Employ a Broker-Dealer As Custodian
  11-1.10 Power of fiduciary to employ a broker-dealer as custodian Notwithstanding any other provision of law any fiduciary (as defined in section 1-2.7 or 11-1.1...
• 11-1.11 - Limited Power of Fiduciary to Amend Trust for Certain Tax Purposes.
  11-1.11 Limited power of fiduciary to amend trust for certain tax purposes (a) Unless expressly prohibited by the terms of the instrument creating an express...

Last modified: February 3, 2019