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Code · Nebraska · Chapter 30 — Decedents' Estates; Protection of Persons and Property

30-4614. Substantial compliance with donor-imposed formal requirement.

71 words·~1 min read·/ne/chapter-30/30-4614

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A powerholder's substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:
(1)the powerholder knows of and intends to exercise the power; and
(2)the powerholder's manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.
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