{"data":{"id":"us-il/760-ilcs-3-1319","jurisdiction":"us-il","citation":"760 ILCS 3/1319","heading":"Disposition of unappointed property under released or unexercised general power.","body":"To the extent a powerholder releases or fails to exercise a general power of appointment other than a power to revoke, amend, or withdraw property from a trust:\n(1) the gift-in-default clause controls the disposition of the unappointed property; or\n(2) if there is no gift-in-default clause or to the extent the clause is ineffective:\n(A) except as otherwise provided in subparagraph (B), the unappointed property passes to:\n(i) the powerholder if the powerholder is a permissible appointee and living; or\n(ii) if the powerholder is an impermissible appointee or not living, the powerholder's estate if the estate is a permissible appointee; or\n(B) to the extent the powerholder released the power, or if there is no taker under subparagraph (A), the unappointed property passes under a reversionary interest to the donor or the donor's transferee or successor in interest.","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":"a2b46d00e7d80edc29fe4c302147716ef584bc8128f5fe286fbbbae3f45c7fc7","source_id":"us-il","stale":false,"prev":"us-il/760-ilcs-3-1318","next":"us-il/760-ilcs-3-1320"},"notice":"GroundRules: Original legal text. Not legal advice."}