Ind. Code § 30-4-1-9

Current through P.L. 171-2024

Section 30-4-1-9 - Specific indication of power of appointment required

A trust shall not operate as to the exercise of a power of appointment, which the settlor may have with respect to any real or personal property, unless by its terms the trust specifically indicates that the settlor intended to exercise the power.

IC 30-4-1-9

As added by P.L. 252-2001, SEC.31.