If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned property and the appointive property must be allocated in the permissible manner that best carries out the powerholder’s intent.
(Added to NRS by 2017, 1376)
Structure Nevada Revised Statutes
Chapter 162B - Powers of Appointment (Uniform Act)
NRS 162B.015 - "Appointee" defined.
NRS 162B.020 - "Appointive property" defined.
NRS 162B.025 - "Blanket-exercise clause" defined.
NRS 162B.030 - "Donor" defined.
NRS 162B.035 - "Exclusionary power of appointment" defined.
NRS 162B.040 - "General power of appointment" defined.
NRS 162B.045 - "Gift-in-default clause" defined.
NRS 162B.050 - "Impermissible appointee" defined.
NRS 162B.055 - "Instrument" defined.
NRS 162B.060 - "Nongeneral power of appointment" defined.
NRS 162B.065 - "Permissible appointee" defined.
NRS 162B.070 - "Person" defined.
NRS 162B.075 - "Power of appointment" defined.
NRS 162B.080 - "Powerholder" defined.
NRS 162B.085 - "Presently exercisable power of appointment" defined.
NRS 162B.090 - "Specific-exercise clause" defined.
NRS 162B.095 - "Taker in default of appointment" defined.
NRS 162B.100 - "Terms of the instrument" defined.
NRS 162B.110 - Common law and principles of equity.
NRS 162B.200 - Creation of power of appointment.
NRS 162B.210 - Nontransferability.
NRS 162B.220 - Presumption of unlimited authority.
NRS 162B.230 - Exception to presumption of unlimited authority.
NRS 162B.240 - Rules of classification.
NRS 162B.250 - Power to revoke or amend.
NRS 162B.300 - Requisites for exercise of power of appointment.
NRS 162B.305 - Intent to exercise: Determining intent from residuary clause.
NRS 162B.310 - Intent to exercise: After-acquired power.
NRS 162B.315 - Substantial compliance with donor-imposed formal requirement.
NRS 162B.320 - Permissible appointment.
NRS 162B.325 - Appointment to deceased appointee or permissible appointee’s descendant.
NRS 162B.330 - Impermissible appointment.
NRS 162B.335 - Selective allocation doctrine.
NRS 162B.345 - Disposition of unappointed property under released or unexercised general power.
NRS 162B.350 - Disposition of unappointed property under released or unexercised nongeneral power.
NRS 162B.355 - Disposition of unappointed property if partial appointment to taker in default.
NRS 162B.360 - Appointment to taker in default.
NRS 162B.365 - Powerholder’s authority to revoke or amend exercise; exceptions.
NRS 162B.410 - Authority to release.
NRS 162B.420 - Method of release.
NRS 162B.430 - Revocation or amendment of release.
NRS 162B.440 - Power to contract: Presently exercisable power of appointment.
NRS 162B.450 - Power to contract: Power of appointment not presently exercisable.
NRS 162B.460 - Remedy for breach of contract to appoint or not to appoint.
NRS 162B.500 - Creditor claim: General power created by powerholder.
NRS 162B.510 - Certain property exempt from creditor claims.
NRS 162B.520 - Power to withdraw.
NRS 162B.530 - Creditor claim: Nongeneral power.
NRS 162B.600 - Uniformity of application and construction.
NRS 162B.610 - Relation to Electronic Signatures in Global and National Commerce Act.