power of appointment

• Término jurídico que designa el poder otorgado a una persona (fiduciario o agente) para decidir quién recibirá bienes o activos de un fideicomiso o herencia, generalmente ejercido mediante testamento o documento legal.

A legal term referring to the authority granted to a person (the donee) to decide who will receive property or assets from a trust or estate, typically exercised through a will or deed.

1. Legal authority to designateC2formal

   A legal right granted to a person (the donee) to decide who will receive property or assets from a trust or estate.

   poder de designación

   • The will granted her a power of appointment over the family trust.
   • He exercised his power of appointment to leave the estate to his children.
   • The lawyer explained the tax implications of the power of appointment.