testamentary power of appointment

Definition of "testamentary power of appointment"
  1. It's the ability granted to a person to decide, via their will, how certain assets or property will be distributed after they pass away
How to use "testamentary power of appointment" in a sentence
  1. The bequest in the will gave the beneficiary a testamentary power of appointment over the family home.
  2. The will's executor expressed his testamentary power of appointment in determining to whom the antique jewelry collection would go.
  3. The testamentary power of appointment allows her to dictate the distribution of her estate in her will.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z