Truly Agreed, 2016

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SS HCS HB 1765, 2016    (New Section - Proposed Language)

456.1040. 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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