[§557-14] Application of chapter. Except as specifically provided in the trust instrument or the will or in this chapter, this chapter shall apply to any receipt or expense received or incurred after May 29, 1973, by any trust or decedent's estate whether established before or after May 29, 1973, and whether the asset involved was acquired by the trustee before or after May 29, 1973. [L 1973, c 200, pt of §1]