Appointment to taker in default
KRS 390.230
in effect390.230. Appointment to taker in default
If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property 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.
Effective: July 15, 2020
History: Created 2020 Ky. Acts ch. 41, sec. 22, effective July 15, 2020.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50131Fetched: 10/20/2026
