Missouri § 456.1060 Disposition of unappointed property under released or unexercised general power.

Missouri Statutes

§ 456.1060 — Disposition of unappointed property under released or unexercised general power.

Missouri § 456.1060

Title XXXITRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Ch. 456Trusts and Trustees — The Uniform Trust Code

This text of Missouri § 456.1060 (Disposition of unappointed property under released or unexercised general power.) 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. § 456.1060 (2026).

Text

To the extent a powerholder releases or fails to exercise a general power of appointment other than a power to withdraw property from, revoke, or amend a trust, and except as provided in subsection 3 of section 456.995 :

(1)The gift-in-default clause controls the disposition of the unappointed property; or

(2)If there is no gift-in-default clause or to the extent the clause is ineffective:

(a)Except as otherwise provided in paragraph (b) of this subdivision, the unappointed property passes to: a. The powerholder if the powerholder is a permissible appointee and living; or b. If the powerholder is an impermissible appointee or deceased, the powerholder's estate if the estate is a permissible appointee; or

(b)To the extent the powerholder released the power, or if there is no

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To the extent a powerholder releases or fails to exercise a general power of appointment other than a power to withdraw property from, revoke, or amend a trust, and except as provided in subsection 3 of section 456.995 :

(1) The gift-in-default clause controls the disposition of the unappointed property; or

(2) If there is no gift-in-default clause or to the extent the clause is ineffective:

(a) Except as otherwise provided in paragraph (b) of this subdivision, the unappointed property passes to:

a. The powerholder if the powerholder is a permissible appointee and living; or

b. If the powerholder is an impermissible appointee or deceased, the powerholder's estate if the estate is a permissible appointee; or

(b) To the extent the powerholder released the power, or if there is no taker under paragraph (a) of this subdivision, the unappointed property passes under a reversionary interest to the donor or the donor's transferee or successor in interest.