Appointive property definition

Appointive property means the property or property interest subject to a power of appointment.
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Appointive property means the property or property
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Appointive property means the property or interest in property that is the subject of the power of appointment.
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Examples of Appointive property in a sentence

  • Appointive property" means the property or property interest subject to a power of appointment.[PL 2021, c.

  • Appointive property can be defined as $10, 40 shares of XYZ, Inc., Blackacre, % of corpus, only certain defined assets – it does not have to be “all or nothing” , even though that is how most forms/trusts are worded.

  • A NEW SECTION OF KRS CHAPTER 390 IS CREATED TO READ AS FOLLOWS:(1) As used in this section, "power of appointment created by the powerholder" includes a power of appointment created in a transfer by another person to the extent the powerholder contributed value to the transfer.(2) Appointive property subject to a general power of appointment created by the powerholder is subject to a claim of a creditor of the powerholder or of the powerholder's estate to the extent provided in KRS Chapter 378A.

  • Appointive property" means the property or property interest subject to a power of appointment.


More Definitions of Appointive property

Appointive property means the property or property interest subject to a
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Appointive property means the property or property interest subject to a power of appointment. "Ascertainable standard" means a standard relating to an individual's health, education, support, or
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Appointive property means the property or prop- erty interest subject to a power of appointment.
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Appointive property means the property or property interest subject to a power of appointment. Appointive property can be defined as $10, 40 shares of XYZ, Inc., Blackacre, % of corpus, only certain defined assets – it does not have to be “all or nothing” , even though that is how most forms/trusts are worded. It can have a cap or be referenced by formula or other identifier. E.g. “appointive assets shall include only those trust assets whose basis would increase if included in my estate under IRC §2041/1014.”
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Appointive property means the property or prop- erty interest subject to a power of appointment.
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Related to Appointive property

  • Residential property means improved property that:-

  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible, including, without limitation, cash, securities, accounts and contract rights.