US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

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 are a defined and limited class that does not include the powerholder’s estate, the powerholder’s creditors or the creditors of the powerholder’s estate.

(Added to NRS by 2017, 1374)