In May 2012, the EPTL-SCPA Legislative Advisory Committee sent its Sixth Report to the legislature. The Sixth Report recommended that the legislature enact a New York version of the Uniform Trust Code (UTC), as modified, by adding Article 7-A to the Estates, Powers and Trusts Law (EPTL). The UTC has been adopted by 25 states and provides a comprehensive model for codifying the law on trusts.
Committee Work
In anticipation of the final Sixth Report, Ilene S. Cooper, the Chair of the New York State Bar Association’s Trusts and Estates Law Section, recommended, and the section’s Executive Committee approved, the formation of the New York Uniform Trust Code (NYUTC) Committee to study and evaluate the Sixth Report. Professor Ira Bloom, former chair of the section and a Distinguished Professor at Albany Law School, was appointed Committee Chair.
