California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 2. GENERAL PROVISIONS |
Part 14. POWERS OF APPOINTMENT |
Chapter 6. Rights of Creditors |
Section 683.
Latest version.
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Property subject to an unexercised general power of appointment created by the donor in the donor's favor, whether or not presently exercisable, is subject to the claims of the donor's creditors or the donor's estate and to the expenses of the administration of the donor's estate.
(Added by Stats. 1992, Ch. 30, Sec. 2. Effective January 1, 1993.)