Commentary

52 Survival of power of new appointment after revocation of appointment

POWERS OF APPOINTMENT vol 33
| Commentary

52 Survival of power of new appointment after revocation of appointment

| Commentary

52 Survival of power of new appointment after revocation of appointment1

If the settlement which creates the power of appointment merely confers a power of revocation, a power of new appointment will be implied, unless a contrary intention can be inferred from the settlement as a whole, or other trusts are declared upon revocation2. The original power of appointment will remain unaffected by revocation of an appointment which reserved either a power of revocation and new appointment3 or a power of revocation only4. Further, if the original power is exercisable by deed or will,

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