New York Laws > Estates, Powers and Trusts > Article 10 > Part 7 – Rights of Creditors in Appointive Property
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Terms Used In New York Laws > Estates, Powers and Trusts > Article 10 > Part 7 - Rights of Creditors in Appointive Property
- Donee: The recipient of a gift.
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.