Nebraska Statutes

§ 30-4630 — Power to contract: Power of appointment not presently exercisable

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

A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

(1)is also the donor of the power; and
(2)has reserved the power in a revocable trust.

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Nebraska § 30-4630 (Power to contract: Power of appointment not presently exercisable) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 2021, LB501, § 53.

Nearby Sections

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