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Section 456.1025 Intent to exercise — after-acquired power.

MO Rev Stat § 456.1025 (2019) (N/A)
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Effective 28 Aug 2016

456.1025. Intent to exercise — after-acquired power. — 1. Except as otherwise provided in subsection 2 of this section, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause.

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.

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(L. 2016 H.B. 1765)

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Section 456.1020 Intent to exercise — determining intent from residuary clause.
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Section 456.1030 Substantial compliance with donor-imposed formal requirement.