Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

object of the power of appointment

Read a random definition: family limited partnership

A quick definition of object of the power of appointment:

Object of the Power of Appointment: This refers to a person who can receive property that is assigned through a power of appointment. This person is also known as a permissible appointee. An appointee is someone who is appointed or chosen for a particular role or benefit. In legal terms, a power of appointment is the authority given to someone to assign property to another person. The object of the power of appointment is the person who can legally receive this property.

A more thorough explanation:

The object of the power of appointment is the person who can receive property that is assigned under a power of appointment. This person is also known as the permissible appointee.

For example, if a person has a power of appointment over a trust, they can choose to assign the trust property to a specific individual as long as that individual is a permissible appointee. This means that the person must be someone who is allowed to receive the property according to the terms of the trust.

Another example is if a person has a power of appointment over a will. They can choose to assign certain assets to a specific individual as long as that individual is a permissible appointee. This means that the person must be someone who is allowed to receive the assets according to the terms of the will.

Overall, the object of the power of appointment is the person who can receive property that is assigned under a power of appointment, as long as they meet the requirements set forth in the trust or will.

object of the power | objurgatrix

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
babycat
16:20
also congrats!! big win
initiallaw
16:23
congrats!!
:D
the big W is that i get reimbursed for travel now thank GOD
jack moving up in the world :)
i have a brother named jack, so whenever i see your name im marginally happier than normal
babycat
16:37
I'm guessing you don't have a sibling named babycat but I hope I still make you marginally happier than normal despite this
JumpySubsequentDolphin
16:38
maybe he has a babycat
babycat
16:38
I think everyone should have a babycat
JumpySubsequentDolphin
16:39
im allergic to baby cats >:(
JumpySubsequentDolphin
16:40
I used to have a babycat, I only got allergies after he died
JumpySubsequentDolphin
16:40
I think he’s haunting me
babycat
16:40
:(
babycat
16:40
that's too bad
babycat
16:40
you still have me though <3
@babycat: you make my day marginally happier with your scathing wit
16:43
New Father John Misty album out today
16:44
People saying it’s his best yet by far
babycat
16:45
what would I do without you renard99
awww ty wasp :)
i have 4 (baby) cats!
16:46
Damn you know her sarcasm is meant to be scathing when she calls me by my full username and not just Renard
JumpySubsequentDolphin
16:47
@jackfrost11770: FOUR?!??
16:48
I’m only teasing Babycat ily I’ll be seeing you in [REDACTED] very very soon
YES
and they're all rescues from breeders so they're all long haired persians .... w flat faces ....
they're all runts cause breeders just ... dispose of them (:(((() so they're all super tiny
literal babies
babycat
16:49
ily2 renard99
initiallaw
16:49
omg so cute
LSD+ is ad-free, with DMs, discounts, case briefs & more.