A powerholder may not transfer a power of appointment. If the powerholder dies without exercising or releasing the power, the power lapses.
Nontransferability
KRS § 390.060, under UNIFORM POWERS OF APPOINTMENT ACT.
KRS § 390.060
KRS § 390.060, under UNIFORM POWERS OF APPOINTMENT ACT.
KRS § 390.060
A powerholder may not transfer a power of appointment. If the powerholder dies without exercising or releasing the power, the power lapses.
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