GroundRules
← Search the law
Illinois · Through at least Public Act 104-790

760 ILCS 3/1312: Intent to exercise: after-acquired power.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 760 TRUSTS AND FIDUCIARIES
  2. Illinois Trust Code.

Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:

(1) except as otherwise provided in paragraph (2), a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and

(2) if the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or it is ineffective.

Collected 2026-09-15T04:46:44Z. Source file · JSON

Browse this collection