Certificate of Trust — New York Non-UTC
State-specific requirements for a Certificate of Trust in New York.Create yours now →
Statutory Citation
N.Y. EPTL §§ 7-1.1 et seq. (Article 7, Trusts); no specific cert-of-trust statute
Certification Requirements
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Execution Requirements
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Business Trust Treatment
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Favorable Trust Laws
Prudent Investor Act (EPTL § 11-2.3) provides clear investment standardsStatutory Trusts under BCL Article 12 offer limited liability business trust vehiclePerpetuities reform and flexible trust modification rulesComprehensive EPTL framework with extensive case law
Unique Factors
Has NOT adopted UTC; uses Estates, Powers and Trusts Law (EPTL) insteadNo statutory certification-of-trust form exists (unlike UTC states)Statutory Trusts under Business Corporation Law Article 12 provide a statutory business trust vehicleCommon law Massachusetts trusts coexist with statutory business trustsTrust execution formalities under EPTL § 7-1.17