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

30-4627. Method of release.

77 words·~1 min read·/ne/chapter-30/30-4627

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A powerholder of a releasable power of appointment may release the power in whole or in part:
(1)by substantial compliance with a method provided in the terms of the instrument creating the power; or
(2)if the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder's intent by clear and convincing evidence.
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