general power of appointment

A power of appointment by which the donee can appoint — that is, dispose of the donor’s property — in favor of anyone at all, including oneself or one’s own estate; esp., a power that authorizes the alienation of a fee to any alienee. — Often shortened to general power. [Cases: Powers 19; Wills 589. C.J.S. Powers §§ 15–16.]

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词条贡献者

资深译员Sheldon，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关零售和消费品领域的法律文件。