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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The exercise of a power of appointment requires a manifestation of the powerholder's intent to exercise the power.
(b) A manifestation of the powerholder's intent to exercise a power of appointment exists in any of the following circumstances:
(1) The powerholder declares, in substance, that the powerholder exercises specific powers or all the powers the powerholder has.
(2) The powerholder purports to transfer an interest in the appointive property that the powerholder would have no power to transfer except by virtue of the power.
(3) The powerholder makes a disposition that, when considered with reference to the property owned and the circumstances existing at the time of the disposition, manifests the powerholder's understanding that the powerholder was disposing of the appointive property.
(c) The circumstances described in subdivision (b) are illustrative, not exclusive.
Cite this article: FindLaw.com - California Code, Probate Code - PROB § 640 - last updated January 01, 2025 | https://codes.findlaw.com/ca/probate-code/prob-sect-640/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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