Sec. 1325

760 ILCS 3/1325 — under Illinois Trust Code.

760 ILCS 3/1325

(760 ILCS 3/1325)

Sec. 1325. Disclaimer. As provided by Section 2-7 of the Probate Act of 1975:

(1) A powerholder may disclaim all or part of a power of appointment. (2) A permissible appointee, appointee, or taker in default of appointment may disclaim all or part of an interest in appointive property. (Source: P.A. 101-48, eff. 1-1-20.)