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Current as of April 06, 2022 | Updated by FindLaw Staff
If the standard governing the exercise of a lifetime or a testamentary power of appointment does not clearly indicate that a broader or more restrictive power of appointment is intended, the holder of the power of appointment may exercise it in his or her favor only for his or her health, education, support, or maintenance as described in section 2041 1 or 2514 [FN2] of the Internal Revenue Code and the applicable regulations adopted under the section.
Cite this article: FindLaw.com - Washington Revised Code Title 11. Probate and Trust Law § 11.95A.350. Exercise of power in favor of holder--Limitations - last updated April 06, 2022 | https://codes.findlaw.com/wa/title-11-probate-and-trust-law/wa-rev-code-11-95a-350/
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 or via Westlaw before relying on it for your legal needs.
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