§ 4–407
Statutes in effect as of October 1, 2026.
Md. Code Ann., Est. & Trusts § 4-407 (2026)
Title 4. Wills
Subtitle 4. Rules Relating to Legacies
§ 4–407LinkCopy Citation
Subject to the terms of the instrument creating the power, a residuary clause in a will exercises a power of appointment held by the testator only if:
(1)
An intent to exercise the power is expressly indicated in the will; or
(2)
The instrument creating the power of appointment fails to provide for disposition of the subject matter of the power upon its nonexercise.