New York Statutes

§ 7-3.4 — Excess income from trust property subject to creditors' claims

New York § 7-3.4
JurisdictionNew York
Law EPTEstates, Powers & Trusts
Part 3Rights of Purchasers, Creditors and Other Persons
Art. 7Trusts

This text of New York § 7-3.4 (Excess income from trust property subject to creditors' claims) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Estates, Powers & Trusts § 7-3.4 (2026).

Text

§ 7-3.4 Excess income from trust property subject to creditors' claims\n Where a trust is created to receive the income from property and no\nvalid direction for accumulation is given, the income in excess of the\nsum necessary for the education and support of the beneficiary is\nsubject to the claims of his creditors in the same manner as other\nproperty which cannot be reached by execution.\n

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Related

In re the Estate of Seidman
88 Misc. 2d 462 (New York Surrogate's Court, 1976)
5 case citations
In re the Estate of Abel
150 Misc. 2d 767 (New York Surrogate's Court, 1991)

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Bluebook (online)
New York § 7-3.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/EPT/7-3.4.