Missouri Revised Statutes § 456.1035 - Permissible appointment

456.1035. Permissible appointment. — 1. A powerholder of a general power of appointment that permits appointment to the powerholder or the powerholder's estate may make any appointment, including an appointment in trust or creating a new power of appointment, that the powerholder could make in disposing of the powerholder's own property. 2. A powerholder of a general power of appointment that permits appointment only to the creditors of the powerholder or of the powerholder's estate may appoint only to those creditors. 3. The powerholder of a nongeneral power may: (1) Make an appointment in any form, including an appointment in trust, in favor of a permissible appointee; (2) Create a general power or nongeneral power in a permissible appointee; or (3) Create a nongeneral power in any person to appoint to one or more of the permissible appointees of the original nongeneral power. (L. 2016 H.B. 1765, A.L. 2018 H.B. 1250)