Current with changes from the 2024 Legislative Session
Section 456.1025 - Intent to exercise - after-acquired power1. 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.Added by 2016 Mo. Laws, HB 1765,s A, eff. 8/28/2016.