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donee
(redirected from donees)

    Also found in: Dictionary/thesaurus, Financial 0.01 sec.

The recipient of a gift. An individual to whom a power of appointment is conveyed.

donee n. a person or entity receiving an outright gift or donation.

donee noun acceptor, beneficiary, devisee, grantee, legatee, recipient
See also: assignee, beneficiary, devisee, feoffee, grantee, heir, legatee, licensee, payee, recipient, transferee

DONEE. He to whom a gift is made, or a bequest given; one who is invested with a power to select an appointee, he is sometimes called an appointer.
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The next question involves who are the donees of such a gift?
Considerations when combining Crummey powers with total discretionary ... by Tiernan, Peter B. / Florida Bar Journal
No Limit on Number of Donees However, the annual exclusion rule is an extremely generous rule because there is no limit to how many people to whom you can give the annual exclusion.
The annual exclusion gift to a person with disabilities: a practical ... by Davidow, Lawrence Eric / The Exceptional Parent
These funds, moreover, appreciate in the hands of their donees free from any transfer taxation, even if the donor takes an active role in managing the assets owned outright by other people.
Death without taxation: the case against transfer taxes by Epstein, Richard A. / Chief Executive (U.S.)
 
 
 
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