Power to contract—Power of appointment not presently exercisable.

  1. Law
  2. Revised Code of Washington
  3. Probate and Trust Law
  4. Uniform Powers of Appointment Act.
  5. Power to contract—Power of appointment not presently exercisable.

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A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

(1) Is also the donor of the power; and

(2) Has reserved the power in a revocable trust.

[ 2021 c 140 § 3406.]


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