N.Y. EPTL 10-7.1
Current through 2024 NY Law Chapter 457
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.
N.Y. EPTL 10-7.1