appointive asset
- A piece of property in an individual's estate that is assigned to be dispersed under the directive of a power of appointment
- When the will was read, it was revealed that the beach house, an appointive asset, was to be overseen by the trustee specified.
- Understanding the specifics of the appointive asset, Jane looked to a more experienced attorney for advice.
- The oldest son was tasked with the distribution of the appointive asset, as per the last wishes of his father.
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