 Power Of Appointment
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Power Of Appointment
The power given by an individual to another in a will or trust document to determine which persons will receive an interest in his or her estate. A power of appointment may be general or special. Under a general power, the donee may exercise the right as he sees fit. A special power limits the donee as to those in favor of whom he may exercise the power of appointment. A wife who is given the power to appoint among her children has a special power of appointment.
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