Exercise of Power of Appointment

  1. Law
  2. Montana Code Annotated
  3. Estates, Trusts, and Fiduciary Relationships
  4. Uniform Powers of Appointment Act
  5. Exercise of Power of Appointment

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Section
72-7-301

Requisites for exercise of power of appointment

Section
72-7-302

Intent to exercise -- determining intent from residuary clause

Section
72-7-303

Intent to exercise -- after-acquired power

Section
72-7-304

Substantial compliance with donor-imposed formal requirement

Section
72-7-305

Permissible appointment

Section
72-7-306

Appointment to deceased appointee or permissible appointee's descendant

Section
72-7-307

Impermissible appointment

Section
72-7-308

Selective allocation doctrine

Section
72-7-309

Capture doctrine -- disposition of ineffectively appointed property under general power

Section
72-7-310

Disposition of unappointed property under released or unexercised general power

Section
72-7-311

Disposition of unappointed property under released or unexercised nongeneral power

Section
72-7-312

Disposition of unappointed property if partial appointment to taker in default

Section
72-7-313

Appointment to taker in default

Section
72-7-314

Powerholder's authority to revoke or amend exercise