### Question
What is the definition of general power of appointment?


### Answer
The definition of **general power of appointment** is as follows in *26 U.S.C. § 2041*:

> a power which is exercisable in favor of the decedent, his estate, his creditors, or the creditors of his estate

#### Citation:
  - *26 U.S.C. § 2041*
  - Heading: **Subtitle B-Estate and Gift Taxes > CHAPTER 11-ESTATE TAX > Subchapter A-Estates of Citizens or Residents > PART III-GROSS ESTATE**

