§ 10-10.6 Effect of reserved unqualified power to revoke Where a creator reserves an unqualified power of revocation, he remains the absolute owner of the property disposed of so far as the rights of his creditors or purchasers are concerned.
N.Y. Estates, Powers & Trusts Law § 10-10.6, under Provisions Affecting Powers Other Than Powers of Appointment.
N.Y. Estates, Powers & Trusts Law § 10-10.6
§ 10-10.6 Effect of reserved unqualified power to revoke Where a creator reserves an unqualified power of revocation, he remains the absolute owner of the property disposed of so far as the rights of his creditors or purchasers are concerned.