Nevada § 162B.305 - Intent to exercise: Determining intent from residuary clause
Full text of Nevada Nevada Revised Statutes § 162B.305 — Intent to exercise: Determining intent from residuary clause, with citation guidance and answers to common questions.
§ 162B.305. Intent to exercise: Determining intent from residuary clause
1. A residuary clause in a powerholder's will or a comparable clause in the powerholder's
revocable trust, manifests the powerholder's intent to exercise a power of appointment
only if: (a) The terms of the instrument containing the residuary clause do not manifest a
contrary intent; (b) The power is a general power exercisable in favor of the powerholder's estate; (c) There is no gift-in-default clause or the clause is ineffective; and (d) The powerholder did not release the power. 2. As used in this section: (a) “Residuary clause” does not include a residuary clause containing a blanket-exercise
clause or a specific-exercise clause. (b) “ Will ” includes a codicil and a testamentary instrument that revises another will.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 162B.305
What does Nevada Revised Statutes § 162B.305 cover?
Section 162B.305 ("Intent to exercise: Determining intent from residuary clause") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 162B.305?
A common citation format is "Nevada Revised Statutes § 162B.305" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 162B.305 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.