Wash. Rev. Code § 11.95A.450

Current through 2024

Section 11.95A.450 - Power to contract-Power of appointment not presently exercisable

A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

(1) Is also the donor of the power; and

(2) Has reserved the power in a revocable trust.

RCW 11.95A.450

Added by 2021 c 140,§ 3406, eff. 1/1/2022.