General power of appointment


Which of the following limits the tax implications associated with a general power of appointment?

I. Not releasing the power.

II. Exercise of the power with the consent of the creator.

III. Ascertainable standard.

IV. A special power of appointment.

A. I, II and IV

B. II and III

C. III and IV

D. I, II, III and IV

E. None of the above.

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Finance Basics: General power of appointment
Reference No:- TGS051984

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