- 14 - In ruling that Mr. Posner’s will gave decedent no testamentary power, the Baltimore County circuit court stated that item XIV of Mr. Posner’s will was a granting clause that granted decedent only an inter vivos power of appointment.8 In its affirmance, the court of special appeals relied on the lack of specificity in Mr. Posner’s will regarding the claimed testamentary power of appointment. The court of special appeals did not endorse the circuit court’s statement that item XIV was a granting clause that granted decedent an inter vivos power of appointment. To the contrary, as previously discussed, in holding that Mr. Posner’s will gave decedent no testamentary power of appointment, the court of special appeals stated in dicta that Mr. Posner’s will was “insufficient to grant Rose Posner either an inter vivos or a testamentary power of appointment over the marital trust's assets.” Posner v. McDonagh, supra. In light of this statement, and considering the basis on which the court of special appeals affirmed the circuit court’s ruling, we are reluctant to assign much weight to the Baltimore County circuit court’s statement that Mr. Posner’s will granted decedent an 8 In the Baltimore County circuit court proceeding, the daughters argued that item XIV of Mr. Posner’s will was only a saving clause and thus granted no powers. In the alternative, the daughters argued that if item XIV was a granting clause, the clause granted only inter vivos, not testamentary, power. The Baltimore County circuit court accepted this latter argument.Page: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: May 25, 2011