power of appointment — power of appointment: a power granted under a deed or will authorizing the donee to dispose of an estate in a specified manner for the benefit of the donee or of others general power of appointment: a power of appointment which the donee may… … Law dictionary
power of appointment — n. the authority granted to a person by deed or will to dispose of the grantor s property … English World dictionary
Power of appointment — A power of appointment is a term most frequently used in the law of wills to describe the ability of the testator (the person writing the will) to select a person who will be given the authority to dispose of certain property under the will.… … Wikipedia
power of appointment — noun authority given (in a will or deed) by a donor to a donee to appoint the beneficiaries of the donor s property • Hypernyms: ↑authority, ↑authorization, ↑authorisation, ↑potency, ↑dominance, ↑say so * * * noun : a legal authority granted… … Useful english dictionary
power of appointment, special — n. A power of appointment that limits the possible beneficiaries to members of a specified group. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
power of appointment trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
power of appointment — /ˌpaυər əv ə pɔɪntmənt/ noun the power of a trustee to dispose of interests in property to another person … Dictionary of banking and finance
limited power of appointment — Power of appointment is limited when it is exercisable only in favor of persons or a class of persons designated in the instrument creating the power. Johnstone v. Commissioner of Internal Revenue, C.C.A.9, 76 F.2d 55, 57. See also power of… … Black's law dictionary
limited power of appointment — Power of appointment is limited when it is exercisable only in favor of persons or a class of persons designated in the instrument creating the power. Johnstone v. Commissioner of Internal Revenue, C.C.A.9, 76 F.2d 55, 57. See also power of… … Black's law dictionary
power of appointment — Law. the authority granted by a donor to a donee to select the person or persons who are to enjoy property rights or income upon the death of the donor or of the donee or after the termination of existing rights or interests. [1930 35] * * * … Universalium