What people are saying - Write a review
We haven't found any reviews in the usual places.
POWERS OF APPOINTMENT CLASS
36 other sections not shown
Other editions - View all
appoint by deed appointive assets appointive property beneficial interests beneficiary benefit Code Ann corpus court held create a power debts deceased decedent default of appointment devise directed to pay distribute the trust donee donee's creditors donee's estate donor effect elective share estate tax executed executor exer exercise the power facts as Illustration favor following statutes provide gift in default gift tax heirs instrument inter vivos inter vivos trust Internal Revenue Code issue then living manifests an intent ment non-general power NOTE TO SECTION O's children O's daughter O's death O's issue objects pointment power is exercised power of ap power of appointment power of disposition powerholder principal REPORTER'S NOTE residuary clause residuary estate revoke rule against perpetuities settlor specifically spouse's Stat Statutory Note surviving spouse take per stirpes takers in default tate tenant testator's tion transfers Blackacre transfers property trust property Trusts Law valid vested W's power