A right given in a written instrument such as a will or trust, allowing an individual to decide how to distribute one's property. Called "general" if no restrictions are placed on who the distributees may be; otherwise called "limited" or "special".
Related information about power of appointment:
- Power of appointment - Wikipedia, the free encyclopedia
A power of appointment is a term most frequently used in the law of wills to describe the ability of the testator (the person writing the will) to select a person who ...
- Power of Appointment - Legal Dictionary - The Free Dictionary
A power that is conferred upon a donee to dispose of the donor's property by nominating and selecting one or more third-parties to receive it. The property may ...
- Powers of Appointment - Moss & Barnett P.A.
A power of appointment grants authority to designate the recipients of property held in an ... A power of appointment may be given to a beneficiary to permit that ...
- Trusts - Chapter 10
Powers of appointment are the lifeblood of trusts' adaptability over time. A power of appointment is a power one person has to designate who will take property ...
- Power of appointment | LII / Legal Information Institute
A power of appointment is the legal authority to make another person the outright owner of the property left by a decedent. A donor gives the power to a donee ...
- What is power of appointment? definition and meaning
Definition of power of appointment: A right given in a written instrument such as a will or trust, allowing an individual to decide how to distribute one's property.
- What is POWER OF APPOINTMENT? - The Law Dictionary
Definition of POWER OF APPOINTMENT: A power or authority conferred by one person by deed or will upon another (called the "donee") to appoint, that is, ...
- Drafting and Exercising Powers of Appointment - Locke Lord Bissell ...
A power of appointment is a power of disposition given to a person (the " powerholder") over property not his own, by someone (the "creator") who directs the ...