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- Appointing power refers to the power to decide who should get certain property or assets1234. Here are some examples of appointing power:
- A settlor might give his son a power of appointment to decide who should get the assets of a revocable living trust at the parent’s death1.
- A testator may give his spouse a power of appointment to decide who should get certain property after the testator’s death1.
- A power of appointment could state that at Bella’s death the trust is terminated, but property will be distributed to such of Bella’s children in such proportions as Bella designates2.
- Sarah creates a trust that is designed to hold her property for the benefit of Dave, her only son, for his lifetime, and which will then pass to his children upon his death3.
- A’s will creates a trust for the benefit of his spouse after A’s death4.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.For example, a settlor might give his son a power of appointment to decide who should get the assets of a revocable living trust at the parent’s death. Or a testator may give his spouse a power of appointment to decide who should get certain property after the testator’s death.estateandprobatelawyer.com/power-of-appointment/For example, the power of appointment could state that at Bella’s death the trust is terminated, but property will be distributed to such of Bella’s children in such proportions as Bella designates. This is a testamentary power of appointment because it can only be exercised through the provisions of a will.wealthcarelawyer.com/articles/feature-article/power…The following are a few examples that can help illustrate how and why a power of appointment may be used:
montywhitelaw.com/the-pros-and-cons-of-powers-o…The following examples illustrate powers of appointment. Example 1. A’s will creates a trust for the benefit of his spouse after A’s death.mossandbarnettonwcco.com/documents/Powers_o… - People also ask
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