Alabama § 43-8-7 Effect of Acts by Holder of General Power of Appointment, Etc., on Beneficiaries

Alabama Statutes

§ 43-8-7 — Effect of Acts by Holder of General Power of Appointment, Etc., on Beneficiaries

Alabama § 43-8-7

Title 43Wills and Decedents’ Estates

Ch. 8Probate Code

Art. 1General Provisions

This text of Alabama § 43-8-7 (Effect of Acts by Holder of General Power of Appointment, Etc., on Beneficiaries) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 43-8-7 (2026).

Text

For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative or trustee, including relief from liability or penalty for failure to post bond, or to perform other duties, and for purposes of consenting to modification or termination of a trust or to deviation from its terms, the sole holder or all co-holders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.

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For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative or trustee, including relief from liability or penalty for failure to post bond, or to perform other duties, and for purposes of consenting to modification or termination of a trust or to deviation from its terms, the sole holder or all co-holders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.