noun A person who appoints or has the power to appoint someone to a position or role
An appointor is a person or entity who has the power to appoint or remove trustees or beneficiaries in a trust.
In finance, an appointor may be a key decision-maker in appointing or removing individuals in certain roles within an organization.
In estate planning, an appointor may be designated in a trust to have the authority to make decisions regarding the trust.
An appointor in corporate governance may have the authority to appoint or remove directors or executives in a company.
In the legal field, an appointor may be referenced in documents related to trusts, wills, and estate planning. Writers may also use the term appointor when discussing corporate governance and board appointments.
Psychologists may use the term appointor when working with clients who are navigating issues related to power of attorney, guardianship, or decision-making capacity. They may also encounter the term in the context of family dynamics and conflict resolution.
Financial advisors may come across the term appointor when discussing wealth management strategies involving trusts, asset protection, and inheritance planning. They may also encounter the term in the context of business succession planning and asset distribution.
In estate planning, an appointor is often mentioned in relation to trust structures, beneficiary designations, and fiduciary responsibilities. Estate planners may also use the term appointor when advising clients on the selection of trustees and decision-making authority.