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Topical Terminology > Powers Of Appointment



2 Definitions

Powers of Appointment

For Powers of Appointment we have terms and definitions in 2 topics. The topics are Charitable Donation and Charitable Donations.



Powers Of Appointment (Charitable Donation)

A right given to another in a written instrument, such as a will or trust that allows the other to decide how to distribute the property. The power of appointment is "general" if it places no restrictions on whom the distributees may be. A power is "limited" or "special" if it limits the eventual distributee.


Powers Of Appointment (Charitable Donations)

A right given to another in a written instrument, such as a will or trust that allows the other to decide how to distribute the property. The power of appointment is "general" if it places no restrictions on whom the distributees may be. A power is "limited" or "special" if it limits the eventual distributee.




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