As regards the validity in its creation of a general power1, the question whether the objects of the power can be ascertained within the perpetuity period or not does not arise2. The freedom of disposition and choice of alienee possessed by the donee is the same as if he were absolute owner3. Therefore, in the case of a general power, if the power is well created, the perpetuity period for the purpose of exercise of the power must be calculated not from the time of creation of the power but from the
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234