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Code · Illinois · Chapter 760 — TRUSTS AND FIDUCIARIES · Act 3

Sec. 1325. Disclaimer.

49 words·~1 min read·/il/chapter-760/act-3/1325

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Sec. 1325. Disclaimer. As provided by Section 2-7 of the Probate Act of 1975:
(1)A powerholder may disclaim all or part of a power of appointment.
(2)A permissible appointee, appointee, or taker in default of appointment may disclaim
all or part of an interest in appointive property.
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