                                 CODE OF VIRGINIA

SELECTIVE ALLOCATION DOCTRINE (§ 64.2-2720)

If a powerholder exercises a power of appointment in a disposition that also
disposes of property the powerholder owns, the owned property and the appointive
property shall be allocated in the permissible manner that best carries out the
powerholder&#8217;s intent.

HISTORY: 2016, c. 266.