Exercise of Inter Vivos Power of Appointment (California)

The legal template of "Exercise of Inter Vivos Power of Appointment (California) under USA law" pertains to the process by which an individual (referred to as the appointor) exercises their authority to designate or redirect the distribution of property or assets held in a trust to other beneficiaries, known as appointees. This specific template is focused on the state of California and is compliant with the laws and regulations of the United States. It provides a framework for appointors to formally exercise their power of appointment during their lifetime, as opposed to through a will or testamentary device upon their death. The document outlines the necessary provisions and language required to execute the power of appointment, ensuring its validity and enforceability. It covers crucial aspects such as the identifications of the appointor, the trust in question, the appointee(s), and details regarding the assets to be appointed. This legal template is designed to facilitate the clear, proper, and legally binding exercise of the inter vivos power of appointment in compliance with the relevant laws in California and the United States.