objects of a power meaning
Meaning
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- [Law]
Persons in whose favour a power of appointment may be exercised, i.e. potential appointees.
Examples
- At first glance, Sallie Mae is an unlikely object of a power struggle.
- The defendant trustee argued that Schmidt was not entitled to disclosure of the trust documents because he did not have a proprietary interest under the trust ( being only " a mere object of a power " ).
- So all persons intended to benefit by the donor must be ascertained if any effect is to be given to the gift . In my judgment, the adoption of Lord Upjohn's test by the House of Lords in the Baden case is based on the same reasoning, even though in that case the House of Lords held that it was only necessary to be able to survey the class of objects of a power of appointment and not to establish who all the members are.
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Last modified time:Tue, 19 Aug 2025 00:29:56 GMT
