RCW 11.95A.220: Intent to exercise—After-acquired power.

RCWs > Title 11 > Chapter 11.95A > Section 11.95A.220

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11.95A.210 << 11.95A.220 >> 11.95A.230

PDFRCW 11.95A.220

Intent to exercise—After-acquired power.

Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:

(1) Except as otherwise provided in subsection (2) of this section, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and

(2) If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.

[ 2021 c 140 § 3303.]