MLchartDataset catalogue

Appointive assets

Term · Law · MLC-T-LAW-000541

Property over which a person holds a power of appointment, allowing them to direct its disposition to another party. These assets are not owned by the power holder but are subject to their control for distribution. The power of appointment is established through a will or trust document.

Table 1. Record
IdentifierMLC-T-LAW-000541
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000541",
  "term": "Appointive assets",
  "field": "Law",
  "definition": "Property over which a person holds a power of appointment, allowing them to direct its disposition to another party. These assets are not owned by the power holder but are subject to their control for distribution. The power of appointment is established through a will or trust document.",
  "url": "https://mlchart.com/terminology/law/appointive-assets/"
}

Record 324 of 5,441 in Law terminology (MLC-0107). Request the full dataset.