Appointment to deceased appointee or permissible appointee’s descendant.

Checkout our iOS App for a better way to browser and research.

1. Subject to NRS 133.200, an appointment to a deceased appointee is ineffective.

2. Unless the terms of the instrument creating a power of appointment manifest a contrary intent, 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.

(Added to NRS by 2017, 1376)


Download our app to see the most-to-date content.