{"data":{"id":"us-ny/n.y.-estates-powers-trusts-law-10-3.3","jurisdiction":"us-ny","citation":"N.Y. Estates, Powers \u0026 Trusts Law § 10-3.3","heading":"Classification of powers of appointment as to time of exercise;","body":"§ 10-3.3 Classification of powers of appointment as to time of exercise;\n           presently exercisable, testamentary and postponed\n  (a) A power of appointment, as to the time of its exercise, is either\npresently exercisable, testamentary or postponed.\n  (b) A power of appointment is presently exercisable if it may be\nexercised by the donee, during his lifetime or by his written will, at\nany time after its creation, and does not include a postponed power as\ndescribed in paragraph (d).\n  (c) A power of appointment is testamentary if it is exercisable only\nby a written will of the donee.\n  (d) A power of appointment is postponed if it is exercisable by the\ndonee only after the expiration of a stated time or after the occurrence\nor non-occurrence of a specified event.","path":["Estates, Powers \u0026 Trusts Law","Article 10. Powers","Part 3. Varieties of Powers"],"source_url":"https://legislation.nysenate.gov/api/3/laws/EPT/10-3.3","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"73ce91c55f9fc6ed245329cbacaf2671560c54a500bc33c0cbe2c0ceca4a465f","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-estates-powers-trusts-law-10-3.2","next":"us-ny/n.y.-estates-powers-trusts-law-10-3.4"},"notice":"GroundRules: Original legal text. Not legal advice."}
