### Question
How is the "general power of appointment" defined?


### Answer
The term **general power of appointment** is defined in *26 U.S.C. § 2041* as follows -

> 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**

