An otherwise effective exercise of power of appointment, a power of sale or a power of revocation, whether inter vivos or by a testamentary disposition, transfers or revokes the entire interest which the holder thereof has the power to transfer or to revoke unless an intent to transfer or to revoke a less interest is effectively manifested.

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Terms Used In Nebraska Statutes 76-105

  • Inter vivos: Transfer of property from one living person to another living person.