ARTICLE 3. Donee’s Required Intent

Article 3 added by Stats. 1992, Ch. 30, Sec. 2.

§§ 640–642 · 3 sections

• § 640 (a) The exercise of a power of appointment requires a manifestation of the powerholder’s intent to exercise the power. (b) A manifestation of the powerholder’s…
• § 641 (a) A general residuary clause in a will, or a will making general disposition of all the testator’s property, does not exercise a power of appointment held by…
• § 642 If a power of appointment existing at the powerholder’s death, but created after the execution of the powerholder’s will, is exercised by the will, the…