Power of appointment

{
  "id": "MLC-T-LAW-003822",
  "term": "Power of appointment",
  "field": "Law",
  "definition": "A legal right granted by a property owner (the donor) to another person (the donee) to designate the recipients of property. This authority allows the donee to direct how the property will be distributed, often in a will or trust. A general power of appointment permits the donee to name anyone, including themselves or their estate, as the recipient, while a special power restricts the donee to a specific class of beneficiaries.",
  "url": "https://mlchart.com/terminology/law/power-of-appointment/"
}