(a) For the purposes of this section, the term:
- (1) "Residuary clause" does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause.
- (2) "Will" includes a codicil and a testamentary instrument that revises another will.
(b) 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 terms of the instrument containing the residuary clause do not manifest a contrary intent;
- (2) The power is a general power exercisable in favor of the powerholder's estate;
- (3) There is no gift-in-default clause or the clause is ineffective; and
- (4) The powerholder did not release the power.
History
Mar. 7, 2025, D.C. Law 25-265, § 2(b)