Missouri § 456.1020 Intent to exercise — determining intent from residuary clause.

Missouri Statutes

§ 456.1020 — Intent to exercise — determining intent from residuary clause.

Missouri § 456.1020

Title XXXITRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Ch. 456Trusts and Trustees — The Uniform Trust Code

This text of Missouri § 456.1020 (Intent to exercise — determining intent from residuary clause.) 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. § 456.1020 (2026).

Text

1. As used in this section:

(1)"Residuary clause" does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause; and

(2)"Will" includes a codicil and a testamentary instrument that revises another will. 2. A residuary clause in a powerholder's will or a comparable clause in the powerholder's revocable trust manifests the powerholder's intent to exercise a power of appointment only if:

(1)The power is a general power exercisable in favor of the powerholder's estate;

(2)There is no gift-in-default clause or the clause is ineffective; and

(3)The powerholder did not release the power.

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1. As used in this section:

(1) "Residuary clause" does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause; and

(2) "Will" includes a codicil and a testamentary instrument that revises another will.

2. A residuary clause in a powerholder's will or a comparable clause in the powerholder's revocable trust manifests the powerholder's intent to exercise a power of appointment only if:

(1) The power is a general power exercisable in favor of the powerholder's estate;

(2) There is no gift-in-default clause or the clause is ineffective; and

(3) The powerholder did not release the power.