In the absence of a requirement that a power of appointment be exercised by a reference, or by an express or specific reference, to the power, a general residuary clause in a will, or a will making general disposition of all of the testator's property, expresses an intention to exercise a power of appointment held by the testator only if
(1) the power is a general power and the creating instrument does not contain a gift if the power is not exercised; or
(2) the testator's will manifests an intention to include the property subject to the power.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 12. Intestacy, Wills, and Donative Transfers
Article 7. Rules of Construction Applicable Only to Wills.
Sec. 13.12.602. Will may pass all property and after-acquired property.
Sec. 13.12.603. Antilapse; deceased devisee; class gifts.
Sec. 13.12.604. Failure of testamentary provision.
Sec. 13.12.605. Increase in securities; accessions.
Sec. 13.12.606. Nonademption of specific devises.
Sec. 13.12.607. Nonexoneration.