deed of appointment
A 'deed of appointment' is a versatile legal document used in various contexts, particularly within the realms of trusts and estate management.
🇺🇸 US Voice:
🇬🇧 UK Voice:
Definition
C1Trust Law
(technical, formal)A legal document executed by trustees to appoint new trustees or allocate trust property to beneficiaries.
Example
- The trustees signed a deed of appointment to add a new trustee to the trust.
- A deed of appointment was used to distribute assets from the trust to the beneficiaries.
C1Estate Administration
(technical, formal)A document used to allocate assets from an estate to specific beneficiaries.
Example
- During probate, a deed of appointment was executed to distribute the estate's assets.
- The lawyer prepared a deed of appointment to ensure the beneficiaries received their inheritance.
C1Business
(formal)An agreement that authorizes an individual or entity to act on behalf of another party.
Example
- The company issued a deed of appointment to authorize a new proxy.
- A deed of appointment was necessary to grant the attorney the power to represent the business.
Similar
Terms that have similar or relatively close meanings to "deed of appointment":