Testamentary power of appointment
Term · Law · MLC-T-LAW-004894
A power of appointment that the donee can exercise only by the donee's own will, so any appointment takes effect at the donee's death. The donor creates it in a will, trust, or deed. It is general if the donee may appoint to the donee, the donee's estate, or creditors, and special if the donee is limited to a class of persons the donor designates.
| Identifier | MLC-T-LAW-004894 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004894",
"term": "Testamentary power of appointment",
"field": "Law",
"definition": "A power of appointment that the donee can exercise only by the donee's own will, so any appointment takes effect at the donee's death. The donor creates it in a will, trust, or deed. It is general if the donee may appoint to the donee, the donee's estate, or creditors, and special if the donee is limited to a class of persons the donor designates.",
"url": "https://mlchart.com/terminology/law/testamentary-power-of-appointment/"
}
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