A. A will incorporating by reference the terms of the Uniform Statutory Will Act does not exercise a power of appointment unless:
(1) the will complies with any conditions imposed on the exercise of the power;
(2) the appointment is within the scope of the power; and
(3) the will expressly refers to the power or expresses an intent to exercise any power of appointment held by the testator.
B. If a power of appointment is exercised as provided in Subsection A of this section, the appointed property passes as part of the statutory-will estate unless the will provides otherwise.
History: Laws 1991, ch. 173, ยง 11.
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 2A - Uniform Statutory Will Act
Section 45-2A-1 - Short title.
Section 45-2A-2 - Definitions.
Section 45-2A-3 - Making statutory will.
Section 45-2A-4 - Incorporation by reference.
Section 45-2A-5 - Shares under statutory will.
Section 45-2A-6 - Share of spouse.
Section 45-2A-7 - Trust for spouse and issue.
Section 45-2A-8 - Shares of heirs when no surviving spouse.
Section 45-2A-9 - Trust if child under specified age.
Section 45-2A-10 - Effect of disability at distribution.
Section 45-2A-11 - Powers of appointment.
Section 45-2A-13 - Appointment of personal representative and trustee.
Section 45-2A-15 - Bond or surety.
Section 45-2A-16 - Uniformity of application and construction.