/ˈpaʊər əv əˈpɔɪntmənt/ – Phrase
Definition: ủy quyền phân chia tài sản thừa kế.
A more throughout explanation: Power of appointment refers to the authority given to an individual (the “donee”) to designate who will receive certain property or assets, typically from a trust or estate, at a future date. The donee has the power to choose the beneficiaries and determine the terms and conditions under which the property will be distributed. This power can be broad or limited, depending on the specific terms outlined in the legal document granting the power of appointment.
Example: The trust instrument granted the beneficiary the power of appointment to designate who would receive the trust assets upon their death.