D.C. Code § 19-1703.03
Intent to exercise after-acquired power.
Effective Mar 7, 2025Mar. 7, 2025, D.C. Law 25-265, § 2(b)
(a) Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
- (1) Except as otherwise provided in paragraph (2) of this section, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
- (2) If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
History
Mar. 7, 2025, D.C. Law 25-265, § 2(b)