Section 390.130 - Intent to exercise - After-acquired powerUnless the terms of the instrument exercising a power of appointment manifest a contrary intent:
(1) 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; and(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 it is ineffective.Added by 2020 Ky. Acts ch. 41,§ 12, eff. 7/14/2020.