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Commentary

2 Bare and fiduciary powers: trusts

POWERS OF APPOINTMENT vol 33

2 Bare and fiduciary powers: trusts

| Commentary

An appointor who possesses a bare power owes no duty to exercise it, nor does he owe any other fiduciary duties in connection with the power: he may exercise it in any way he wishes. The only restrictions upon such an appointor are that he must keep within the terms of the power1

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