Missouri § 456.1005 Rules of classification.

Missouri Statutes

§ 456.1005 — Rules of classification.

Missouri § 456.1005

Title XXXITRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Ch. 456Trusts and Trustees — The Uniform Trust Code

This text of Missouri § 456.1005 (Rules of classification.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 456.1005 (2026).

Text

1.As used in this section, "adverse party" means a person with a substantial beneficial interest in property which would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.

2.If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.

3.If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.

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1. As used in this section, "adverse party" means a person with a substantial beneficial interest in property which would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.

2. If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.

3. If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.