A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:(1) Is also the donor of the power; and(2) Has reserved the power in a revocable trust.[ 2021 c 140 s 3406.]
Power to contract—Power of appointment not presently exercisable.
RCW 11.95A.450 — under Chapter 11.95A Uniform powers of appointment act..
RCW 11.95A.450