appointees
In the context of a power of appointment , the appointees are the people the donee actually selects from the objects of the power . They are selected by the power of possession holder to receive the appointive assets subject to that power of possession .
[Last reviewed in June of 2022 by the Wex Definitions Team ]
Keywords
Wex
- LIFE EVENTS
- wills
- PROPERTY
- property & real estate law
- trusts
- inheritances & estates
- property law
- wex definitions