KRS 390.130: Intent to exercise -- After-acquired power.

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

intent:

(1) Except as otherwise provided in subsection (2) of this section, a blanket -exercise

clause extends to a power acquired by the powerholder after executing th e

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.