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Simple English definitions for legal terms

Objects of the Power

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A quick definition of Objects of the Power:

Objects of the Power: When someone has the power to choose who gets something, like money or property, they can only pick from a certain group of people. This group is called the objects of the power. For example, if someone has the power to give away their grandma's jewelry, they can only choose from their grandma's children, grandchildren, or other family members.

A more thorough explanation:

In the legal concept of a power of appointment, the objects of the power refer to the group of individuals that the person holding the power (known as the donee) can choose from. This means that the donee has the authority to select who will receive the property or assets subject to the power of appointment.

For example, if a wealthy individual creates a trust and grants a power of appointment to their adult child, the child may have the power to choose which family members will receive the trust assets upon the parent's death. The objects of the power in this case would be the family members that the child can select from.

Another example could be a will that grants a power of appointment to the executor. The executor may have the power to choose which charities will receive a portion of the estate. The objects of the power in this case would be the eligible charities that the executor can choose from.

Overall, the objects of the power are the individuals or entities that the donee can select from when exercising their power of appointment.

Objection | Obligation

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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