Va. Code § 64.2-2720

Current with changes from the 2024 legislative session through ch. 845

Section 64.2-2720 - Selective allocation doctrine

If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned property and the appointive property shall be allocated in the permissible manner that best carries out the powerholder's intent.

Va. Code § 64.2-2720

2016, c. 266.

Added by Acts 2016 c. 266, § 1, eff. 7/1/2016.