The document is a petition for an advisory opinion regarding a trust created by the Settlor. The Settlor has the right to reacquire trust property through a Substitution Power, allowing them to exchange personal property for trust property of equivalent value. The document outlines the legal basis for this power and the conditions under which it can be exercised, including the payment of New York State sales tax on the substituted property.
documents/vol00010-efta01341008-pdf.pdf
{"title":"Attachment to Petition for Advisory Opinion","key_people":["Settlor"],"document_date":"2013-09-25","document_type":"legal","key_locations":["New York"],"document_subtype":"Petition for Advisory Opinion","key_organizations":["State of New York - Department of Taxation and Finance"],"reference_numbers":["SDNY_GM_00168326","EFTA01341008"]}