N.Y. Estates, Powers & Trusts Law § 11-a-6.4: Application of article

§ 11-A-6.4 Application of article

Except as specifically provided in the trust instrument, the will, or

in this article, this article shall apply to any receipt or expense

received or incurred on or after its effective date by any trust or

decedent's estate established before, on or after its effective date and

whether the asset involved was acquired by the trustee before, on or

after its effective date, except that this article shall not apply to a

trust while any current beneficiary is interested in a unitrust amount

pursuant to subparagraph 11-2.4(b)(1); but it does apply with respect to

assets to which such a unitrust may become entitled but prior to their

actual receipt into the unitrust.