GroundRules
AS 13.70.080: Disclaimer by appointee, object, or taker in default of exercise of power of appointment.
Where this section sits in the code
- Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
- Chapter 70. Disclaimer of Property Interests.
(a) A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.
(b) A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.
Collected 2026-09-02T06:16:54Z. Source file · JSON