Nebraska § 30-4611 Requisites for exercise of power of appointment

Nebraska Statutes

§ 30-4611 — Requisites for exercise of power of appointment

Nebraska § 30-4611

Ch. 30Decedents' Estates; Protection of Persons and Property

This text of Nebraska § 30-4611 (Requisites for exercise of power of appointment) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 30-4611 (2026).

Text

A power of appointment is exercised only:

(1)if the instrument exercising the power is valid under applicable law;

(2)if the terms of the instrument exercising the power:

(A)manifest the powerholder's intent to exercise the power; and

(B)subject to section 30-4614 , satisfy the requirements of exercise, if any, imposed by the donor; and

(3)to the extent the appointment is a permissible exercise of the power.

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A power of appointment is exercised only:
(1) if the instrument exercising the power is valid under applicable law;
(2) if the terms of the instrument exercising the power:
(A) manifest the powerholder's intent to exercise the power; and
(B) subject to section 30-4614 , satisfy the requirements of exercise, if any, imposed by the donor; and
(3) to the extent the appointment is a permissible exercise of the power.