appointive assets

Appointive assets refer to the property, both real property and chattel, subject to a power of appointment. Once the power of appointment is exercised, ownership of the appointive assets will transfer to the appointees.

For more information, see power of appointment. 

[Last reviewed in July of 2022 by the Wex Definitions Team]

Keywords

• trusts and estates

Wex

• LIFE EVENTS
• wills
• PROPERTY
• trusts
• inheritances & estates
• family law
• property law
• wex definitions