New York Estates, Powers & Trusts Law Part 2 - ACCUMULATIONS

• 9-2.1 - Rules Governing Accumulations
  9-2.1 Rules governing accumulations (a) All directions for the accumulation of income are void unless authorized by statute. (b) A direction for the accumulation of...
• 9-2.2 - Anticipation of Directed Accumulation
  9-2.2 Anticipation of directed accumulation (a) When a valid accumulation is directed for the benefit of a person without other sufficient means to support or...
• 9-2.3 - Undistributed Income
  9-2.3 Undistributed income When income is not disposed of and no valid direction is given for its accumulation it passes to the persons presumptively entitled...

Last modified: February 3, 2019