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Thursday, August 25, 2016

NJSA 3B:3-45 Exercise of Power of Appointment



3B:3-45. Exercise of power of appointment

A general residuary clause in a will or a will making general disposition of all of the testators property, does not exercise a power of appointment held by the testator unless specific reference is made to the power or there is some other indication of intention to include the property subject to the power.

L.1981, c. 405, s. 3B:3-45, eff. May 1, 1982.

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