Missouri Laws 456.1070 – Disposition of unappointed property if partial appointment to taker in ..
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1. If the powerholder makes a valid partial appointment to a taker in default of appointment, the taker in default of appointment may share fully in unappointed property.
2. If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property in the same form, manner and amount under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised and the appointee takes under the clause.
Terms Used In Missouri Laws 456.1070
- Property: includes real and personal property. See Missouri Laws 1.020