Exercise of Power of Appointment | Midpage

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Montana Code Annotated

Part 3

Exercise of Power of Appointment

72-7-301Requisites for exercise of power of appointment 72-7-302Intent to exercise -- determining intent from residuary clause 72-7-303Intent to exercise -- after-acquired power 72-7-304Substantial compliance with donor-imposed formal requirement 72-7-305Permissible appointment 72-7-306Appointment to deceased appointee or permissible appointee's descendant 72-7-307Impermissible appointment 72-7-308Selective allocation doctrine 72-7-309Capture doctrine -- disposition of ineffectively appointed property under general power 72-7-310Disposition of unappointed property under released or unexercised general power 72-7-311Disposition of unappointed property under released or unexercised nongeneral power 72-7-312Disposition of unappointed property if partial appointment to taker in default 72-7-313Appointment to taker in default 72-7-314Powerholder's authority to revoke or amend exercise