N.Y. Estates, Powers & Trusts Law Section 3-4.5
Insurance proceeds from specific disposition not subject to

§ 3-4.5 Insurance proceeds from specific disposition not subject to ademption Where insurance proceeds from property which was the subject of a specific disposition are paid after the testator’s death, such proceeds, to the extent received by the personal representative, are payable by him to the beneficiary of such disposition; and such proceeds retain the character of a specific disposition for all other purposes, including 12-1.2 and 13-1.3.

Source: Section 3-4.5 — Insurance proceeds from specific disposition not subject to, https://www.­nysenate.­gov/legislation/laws/EPT/3-4.­5 (updated Sep. 22, 2014; accessed May 4, 2024).

Green check means up to date. Up to date

Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 3-4.5’s source at nysenate​.gov

Link Style