The exercise or failure to exercise any power of appointment by the donee thereof, shall not be deemed a transfer which is subject to the provisions of sections 77-2001 to 77-2008.02 .
Neb. Rev. Stat. § 77-2008.04
Inheritance tax; power of appointment; exercise or nonexercise; not subject to tax
Applied in 1 court decision — leading case Dickerson v. County of Adams (1997)
Most recently applied in Dickerson v. County of Adams (December 1997)
Laws 1955, c. 301, § 2, p. 940.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.