New York S07498 amends the surrogate's court procedure act to establish a mechanism for proving the existence of a lost or destroyed trust.

New York S07498 amends the surrogate's court procedure act by adding a new section 1510, which provides a mechanism for establishing the existence of a writing creating or amending a lifetime trust that has been lost or destroyed. The bill specifies that a lost or destroyed trust may be proved in a proceeding only if certain conditions are met, including proving execution of the trust and any amendments, ensuring the trust has not been revoked, and establishing the trust's provisions and assets.

New York S07498 amends the surrogate's court procedure act to establish a mechanism for proving the existence of a lost or destroyed trust.

New York S07498 amends the surrogate's court procedure act by adding a new section 1510, which provides a mechanism for establishing the existence of a writing creating or amending a lifetime trust that has been lost or destroyed. The bill specifies that a lost or destroyed trust may be proved in a proceeding only if certain conditions are met, including proving execution of the trust and any amendments, ensuring the trust has not been revoked, and establishing the trust's provisions and assets.