District of Columbia § 19-1705.02 Creditor claim: general power not created by powerholder.

District of Columbia Statutes

§ 19-1705.02 — Creditor claim: general power not created by powerholder.

District of Columbia § 19-1705.02

Title 19Descent, Distribution, and Trusts. [Enacted title]

Ch. 17Uniform Powers of Appointment Code.

Subch. VRights of Powerholder's Creditors in Appointive Property.

This text of District of Columbia § 19-1705.02 (Creditor claim: general power not created by powerholder.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 19-1705.02 (2026).

Text

(a)Except as otherwise provided in subsection (b) of this section, appointive property subject to a general power of appointment created by a person other than the powerholder is subject to a claim of a creditor of:

(1)The powerholder, to the extent the powerholder's property is insufficient, if the power is presently exercisable; and

(2)The powerholder's estate, to the extent the estate is insufficient, subject to the right of a decedent to direct the source from which liabilities are paid.

(b)Subject to § 19-1705.04(c) , a power of appointment created by a person other than the powerholder which is subject to an ascertainable standard relating to an individual's health, education, support, or maintenance, within the meaning of 26 U.S.C. § 2041(b)(1)(A) or 26 U.S.C. § 2514(c)(1

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(a) Except as otherwise provided in subsection (b) of this section, appointive property subject to a general power of appointment created by a person other than the powerholder is subject to a claim of a creditor of:

(1) The powerholder, to the extent the powerholder's property is insufficient, if the power is presently exercisable; and

(2) The powerholder's estate, to the extent the estate is insufficient, subject to the right of a decedent to direct the source from which liabilities are paid.

(b) Subject to § 19-1705.04(c) , a power of appointment created by a person other than the powerholder which is subject to an ascertainable standard relating to an individual's health, education, support, or maintenance, within the meaning of 26 U.S.C. § 2041(b)(1)(A) or 26 U.S.C. § 2514(c)(1), is treated for the purposes of this subchapter as a nongeneral power.