RSA 563-B:9 · Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment

563-B:9 Disclaimer by Appointee, Object, or Taker in Default of Exercise of Power of Appointment. –

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(a)

A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.

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(b)

A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable. Source. 2021, 206:2, Pt. VI, Sec. 10, eff. Aug. 10, 2021. ARTICLE 10 Disclaimer of Power Held in Fiduciary Capacity

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