Intent to exercise; after-acquired power
Va. Code Ann. § 64.2-2715
in effectUnless the terms of the instrument exercising a power of appointment manifest a contrary intent:
1. Except as otherwise provided in subdivision 2, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
2. If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
2016, c. 266 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/64.2-2715/Fetched: 10/17/2026