New York Estates, Powers & Trusts Law Section 10-2.2 - Other words defined

10-2.2 Other words defined

(a) Donor. A donor is the person who creates or reserves a power.

(b) Donee. A donee is the person to whom a power is given or in whose favor a power is reserved.

(c) Appointee. An appointee is the person in whose favor a power of appointment is exercisable.

(d) Appointive property. Appointive property is property which is the subject of a power of appointment.


Last modified: February 3, 2019