{"data":{"id":"us-nv/nrs-162b.345","jurisdiction":"us-nv","citation":"NRS 162B.345","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 withdraw property from, revoke or amend a trust:\n1. The gift-in-default clause controls the disposition of the unappointed property; or\n2. If there is no gift-in-default clause or to the extent the clause is ineffective:\n(a) Except as otherwise provided in paragraph (b), the unappointed property passes to:\n(1) The powerholder if the powerholder is a permissible appointee and living; or\n(2) If the powerholder is an impermissible appointee or deceased, 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 paragraph (a), the unappointed property passes under a reversionary interest to the donor or the donor’s transferee or successor in interest.","path":["TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS","CHAPTER 162B - POWERS OF APPOINTMENT (UNIFORM ACT)","EXERCISE OF POWER OF APPOINTMENT"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-162B.html#NRS162BSec345","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"c9b2a2b3b940630625f4976e14fcd34411dbdaeba4ed0aebe45c036da2e5bb0d","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-162b.340","next":"us-nv/nrs-162b.350"},"notice":"GroundRules: Original legal text. Not legal advice."}