760 ILCS 3/1317

Current through Public Act 103-1052
Section 760 ILCS 3/1317 - 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 must be allocated in the permissible manner that best carries out the powerholder's intent.

760 ILCS 3/1317

Added by P.A. 101-0048,§ 1317, eff. 1/1/2020.