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See NY CLS SCPA 103 21 NY CLS SCPA 701 NY CLS SCPA 724. For the initial trustees of a testamentary trust this is not a huge burden because they can apply for Letters of Trusteeship as part of the same proceeding by which the Will is admitted to probate and the executors are granted Letters Testamentary. To be valid trusts had to be drafted to end within the perpetuities period. New York s rule against perpetuities is codified in NY CLS EPTL 9-1. One point about QTIP trusts and New York law...
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