KRS 390.330: Creditor claim -- General power not created by powerholder.
Where this section sits in the code
- KRS Chapter 390
(1) Appointive property subject to a general power of appointment created by a person
other than the powerholder is not subject to a claim of a creditor of the powerholder
or the powerholder's estate.
(2) A power of appointment created by a person other than t he powerholder which is
subject to an ascertainable standard relating to an individual's health, education,
support, or maintenance within the meaning of 26 U.S.C. sec. 2041(b)(1)(A) or
2514(c)(1), as amended, is treated for purposes of this chapter as a n ongeneral
power.
Collected 2026-09-05T20:59:23Z. Source file · JSON