eLaws | eCases | Virginia Administrative Code | Virginia Courts | Counties & Cities of Virginia | United States Code |
 Code of Virginia (Last Updated:July 28, 2020)
 TITLE 64.2. Wills, Trusts, and Fiduciaries
 SUBTITLE V. Provisions Applicable to Probate and Nonprobate Transfers
 CHAPTER 27. Uniform Powers of Appointment Act
 ARTICLE 2. Creation, Revocation, and Amendment of Power of Appointment
 SECTION 64.2-2710. Exception to presumption of unlimited authority

  SECTION 64.2-2710. Exception to presumption of unlimited authority  

Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:

1. The power is exercisable only at the powerholder's death; and

2. The permissible appointees of the power do not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.

2016, c. 266 .