A powerholder of a presently exercisable power of appointment may contract: (1) not to exercise the power; or (2) to exercise the power if the contract when made does not confer a benefit on an impermissible appointee.
Power to contract: Presently exercisable power of appointment.
Neb. Rev. Stat. § 30-4629 — under DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY.
Neb. Rev. Stat. § 30-4629