Missouri § 456.1065 Disposition of unappointed property under released or unexercised nongeneral power.

Missouri Statutes

§ 456.1065 — Disposition of unappointed property under released or unexercised nongeneral power.

Missouri § 456.1065

Title XXXITRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Ch. 456Trusts and Trustees — The Uniform Trust Code

This text of Missouri § 456.1065 (Disposition of unappointed property under released or unexercised nongeneral 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. § 456.1065 (2026).

Text

To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment:

(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, the unappointed property:

(a)Passes to the permissible appointees if: a. The permissible appointees are defined and limited; and b. The terms of the instrument creating the power do not manifest a contrary intent; or

(b)If there is no taker under paragraph (a) of this subdivision, passes under a reversionary interest to the donor or the donor's transferee or successor in interest.

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To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment:

(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, the unappointed property:

(a) Passes to the permissible appointees if:

a. The permissible appointees are defined and limited; and

b. The terms of the instrument creating the power do not manifest a contrary intent; or

(b) If there is no taker under paragraph (a) of this subdivision, passes under a reversionary interest to the donor or the donor's transferee or successor in interest.