Nontransferability

  1. Law
  2. Code of Virginia
  3. Wills, Trusts, and Fiduciaries
  4. Uniform Powers of Appointment Act
  5. Nontransferability

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A powerholder may not transfer a power of appointment. If a powerholder dies without exercising or releasing a power, the power lapses.

2016, c. 266.


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