{"data":{"id":"us-il/760-ilcs-3-1311","jurisdiction":"us-il","citation":"760 ILCS 3/1311","heading":"Intent to exercise: determining intent from residuary clause.","body":"(a) In this Section:\n(1) \"Residuary clause\" does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause.\n(2) \"Will\" includes a codicil and a testamentary instrument that revises another will.\n(b) A residuary clause in a powerholder's will, or a comparable clause in the powerholder's revocable trust, manifests the powerholder's intent to exercise a power of appointment only if:\n(1) the terms of the instrument containing the residuary clause do not manifest a contrary intent;\n(2) the power is a general power exercisable in favor of the powerholder's estate;\n(3) there is no gift-in-default clause or it is ineffective; and\n(4) the powerholder did not release the power.","path":["CHAPTER 760 TRUSTS AND FIDUCIARIES","Illinois Trust Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4001\u0026ChapterID=61\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:44Z","sha256":"f666b6e01dc03d49b057eb37519b3bb4c218c9fe034224d092a6740cae68f255","source_id":"us-il","stale":false,"prev":"us-il/760-ilcs-3-1310","next":"us-il/760-ilcs-3-1312"},"notice":"GroundRules: Original legal text. Not legal advice."}
