Donee
Term · Law · MLC-T-LAW-001737
The person, trust, or entity that receives a gift of property from a donor. For a transfer of property to be a completed gift, the donee must accept it, which can be done either expressly or through their actions, such as taking possession of the property. In the context of a power of appointment, the donee is the person given the authority by a donor to designate who will receive certain property.
| Identifier | MLC-T-LAW-001737 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001737",
"term": "Donee",
"field": "Law",
"definition": "The person, trust, or entity that receives a gift of property from a donor. For a transfer of property to be a completed gift, the donee must accept it, which can be done either expressly or through their actions, such as taking possession of the property. In the context of a power of appointment, the donee is the person given the authority by a donor to designate who will receive certain property.",
"url": "https://mlchart.com/terminology/law/donee/"
}
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