§ 31D-3-301 Requisites for exercise of power of appointment
§ 31D-3-302 Intent to exercise; determining intent from residuary clause
§ 31D-3-303 Intent to exercise after-acquired power
§ 31D-3-304 Substantial compliance with donor-imposed formal requirement
§ 31D-3-305 Permissible appointment
§ 31D-3-306 Appointment to deceased appointee
§ 31D-3-307 Impermissible appointment
§ 31D-3-308 Selective allocation doctrine
§ 31D-3-309 Capture doctrine; disposition of ineffectively appointed property under general power
§ 31D-3-310 Disposition of unappointed property under released or unexercised general power
§ 31D-3-311 Disposition of unappointed property under released or unexercised nongeneral power
§ 31D-3-312 Disposition of unappointed property if partial appointment to taker in default
§ 31D-3-313 Appointment to taker in default
§ 31D-3-314 Power holder’s authority to revoke or amend exercise
will 560x170

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In North Carolina General Statutes > Chapter 31D > Article 3 - Exercise of Power of Appointment

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
  • Donor: The person who makes a gift.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • Fraud: Intentional deception resulting in injury to another.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3