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GENERAL POWER TO VARIOUS DISPOSITIONS
Applicationselective allocation where
f Applicationspecific gifts of owned
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allocation of appointive American Law American Law Institute appointive property passes attain 21 blended assets common disposition court held creditors D's death death taxes default of appointment defined limited class directed to pay disposition of unappointed doctrine of capture donee's estate entire appointment estate tax exercise the power facts as Illustration gift in default implied gift income to O's increase the effectiveness ineffective appointment intestacy invalid issue to take issue who survive Law of Property legacies manifested an intent ment non-general power non-objects NOTE TO SECTION O's estate October 21 one-half one-third pass in default pay the income pay the principal persons power of appointment principal to S's residuary clause residuary estate resulting trust reversionary interest rule against perpetuities rule of section S's issue selective allocation statute STATUTORY NOTE stirpes basis take per stirpes takers in default taxes and expenses testamentary power trust property unappointed appointive assets valid