Bar Exam NY Trusts, Wills & Estates Flashcards
Master 12 ny trusts, wills & estates concepts for the Bar Exam.
Will Execution & Revocation
4 cardsQuestion
What are the requirements for a valid will execution in NY under EPTL 3-2.1?
Question
What happens if a beneficiary under a will also serves as an attesting witness in NY?
Intestacy & Elective Share
3 cardsQuestion
How is property distributed under NY's intestacy statute?
Question
What is the surviving spouse's right of election (elective share) in NY?
Trusts & Fiduciary Duties
5 cardsQuestion
How does NY treat spendthrift trusts?
Question
Are lifetime (inter vivos) trusts in NY presumed revocable or irrevocable?
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