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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 64.2. Wills, Trusts, and Fiduciaries |
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SUBTITLE V. Provisions Applicable to Probate and Nonprobate Transfers |
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CHAPTER 27. Uniform Powers of Appointment Act |
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ARTICLE 4. Disclaimer or Release; Contract to Appoint or Not to Appoint |
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SECTION 64.2-2727. Disclaimer |
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As provided by Chapter 26 (§ 64.2-2600 et seq.): 1. A powerholder may disclaim all or part of a power of appointment. 2. A permissible appointee, appointee, or taker in default of appointment may disclaim all or part of an interest in appointive property. 2016, c. 64.2-2600 . |