15 chapters · 329 sections in this title.
D.C. Code § 19-1703.11 Disposition of unappointed property under released or unexercised nongeneral power
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(a) To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment: (1) The gift-in-default clause controls the disposition of the unappointed property; or (2) If there is no gift-in-default clause or to the extent the clause…
D.C. Code § 19-1703.12 Disposition of unappointed property if partial appointment to taker in default
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Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the powerholder makes a valid partial appointment to a taker in default of appointment, the taker in default of appointment may share fully in unappointed property.
D.C. Code § 19-1703.13 Appointment to taker in default
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If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised and the appointee takes und…
D.C. Code § 19-1703.14 Powerholder's authority to revoke or amend exercise
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(a) A powerholder may revoke or amend an exercise of a power of appointment only to the extent that: (1) The powerholder reserves a power of revocation or amendment in the instrument exercising the power of appointment and, if the power is nongeneral, the terms of the instrument …