If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned and appointive property shall be allocated in the permissible manner that best carries out the powerholder's intent.
KRS 390.180
Selective allocation doctrine
Known as the Uniform Powers of Appointment Act
The act spans §§ 390–390 (37 sections).
Effective: July 15, 2020 History: Created 2020 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.