2016 Missouri Revised Statutes
TITLE XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY (456-475)
Chapter 456 Trusts and Trustees--The Uniform Trust Code
Section 456.1000 Presumption of unlimited authority--exception to presumption of unlimited authority.
456.1000. 1. Subject to section 456.1005, the power is:
(1) Presently exercisable;
(2) Exclusionary; and
(3) Except as otherwise provided in subsection 2 of this section, general.
2. The power is nongeneral if:
(1) The power is exercisable only at the powerholder's death; and
(2) The permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.
(L. 2016 H.B. 1765)
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