What is the name of the New York statute governing wills?

Prepare for the Bar Exam with our Mnemonics Test. Boost your memory and understanding using flashcards and multiple choice questions, each with detailed hints and explanations. Get ready to ace your exam!

Multiple Choice

What is the name of the New York statute governing wills?

Explanation:
Estates, Powers and Trusts Law is the New York statute that governs wills. This code is the substantive framework for how wills are executed, interpreted, revoked, and administered, and it also covers trusts and fiduciary powers. The Surrogate’s Court Act, by contrast, handles the procedures for probate and the administration of estates in the Surrogate’s Court. So while probate is carried out under the Surrogate’s Court Act, the rulebook for wills themselves is the Estates, Powers and Trusts Law, abbreviated as EPTL.

Estates, Powers and Trusts Law is the New York statute that governs wills. This code is the substantive framework for how wills are executed, interpreted, revoked, and administered, and it also covers trusts and fiduciary powers. The Surrogate’s Court Act, by contrast, handles the procedures for probate and the administration of estates in the Surrogate’s Court. So while probate is carried out under the Surrogate’s Court Act, the rulebook for wills themselves is the Estates, Powers and Trusts Law, abbreviated as EPTL.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy