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Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Chapter 456

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  456.1040.  Appointment to deceased appointee or permissible appointee's descendant. — 1.  An appointment to a deceased appointee is ineffective.

  2.  A powerholder of a nongeneral power may exercise the power in favor of, or create a new power of appointment in, a descendant of a deceased permissible appointee whether or not the descendant is described by the donor as a permissible appointee and whether or not the descendant of a deceased permissible appointee was alive at the time of the execution of the instrument creating the power or at the time of the exercise of the power.

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(L. 2016 H.B. 1765)


---- end of effective   28 Aug 2016 ----

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