Any person, as defined in 1-2.12, may by lifetime trust dispose of
real and personal property. A natural person who creates a lifetime
trust shall be eighteen years of age or older.
Structure New York Laws
EPT - Estates, Powers and Trusts
Part 1 - Rules Governing Trusts
7-1.1 - When Trust Interests Not to Merge
7-1.2 - Trustee of Passive Trust Not to Take
7-1.3 - Purchase-Money Resulting Trust Abolished
7-1.4 - Purposes for Which Trust May Be Created
7-1.5 - When Trust Interest Inalienable; Exception
7-1.6 - Application of Principal to Income Beneficiary
7-1.7 - Interest Remaining in Creator of Trust
7-1.8 - Duration of Trust for Benefit of Creditors
7-1.10 - Provision by Non-Domiciliary Creator as to Law to Govern Trust
7-1.11 - Application of Principal to Creator of Trust as Reimbursement for Taxes
7-1.13 - Division of Trusts and Establishment of Separate Trusts
7-1.14 - Who May Make a Lifetime Trust
7-1.15 - What Property May Be Disposed of by Lifetime Trust
7-1.16 - Revocation of Lifetime Trust by Will
7-1.17 - Execution, Amendment and Revocation of Lifetime Trusts