Ky. Rev. Stat. Ann. § 390.160 – Appointment to deceased appointee or permissible appointee’s descendant.

(1) An appointment to a deceased appointee is ineffective.
(2) Unless the terms of the instrument creating a power of appointment manifest a contrary intent, a powerholder of a nongeneral power may exercise the power in favor of, or create a new power of appointment in, a descendant of a deceased permissible appointee whether or not the descendant is described by the donor as a permissible appointee.

Effective: July 15, 2020

History: Created 2020 Ky. Acts ch. 41, sec. 15, effective July 15, 2020.