power of appointment

Definition of "power of appointment"
  1. Legal authority to determine the recipient of a property, typically in a trust, allowing selection of beneficiaries within the guidelines set by the grantor
How to use "power of appointment" in a sentence
  1. The executor used his power of appointment to determine who would inherit the art collection.
  2. Because of her power of appointment, the trustee had the discretion to allocate funds among the nonprofit organizations.
  3. The widower applied his power of appointment to leave his house to his stepchildren.

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