A special power of appointment exists if the holder can exercise the power in favor of himself or herself, his or her creditors, or the creditors of his or her estate.

Question

Quizplus · Accepted Answer

A special power of appointment does not allow the holder to appoint the property to themselves, their creditors, or their estate's creditors; this is characteristic of a general power of appointment.

A Special Power of Appointment Exists If the Holder Can