Nevada Property Rights and Transactions
Sec. § 120.270
Disclaimer by appointee, object or taker in default of exercise of power of appointment.


1. A disclaimer of an interest in property by an appointee of a power of appointment takes effect as of the time the instrument by which the holder exercises the power becomes irrevocable.

2. A disclaimer of an interest in property by an object or taker in default of an exercise of a power of appointment takes effect as of the time the instrument creating the power becomes irrevocable.

Source
Last accessed
Mar. 20, 2019