Mississippi Code Title 91. Trusts and Estates § 91-15-3

(a) “Power” includes any power to appoint or designate to whom property shall go, any power to invade property, any power to alter, amend, or revoke any instrument under which an estate or trust is held or created or to terminate any right or interest thereunder, and any power remaining where one or more partial releases have heretofore or hereafter been made with respect to a power, whether heretofore or hereafter created or reserved, whether vested, contingent, or conditional, and whether classified in law or known as a power in gross, a power appendant, a power appurtenant, a collateral power, a general, special, or limited power, exclusive or nonexclusive power, or otherwise, and irrespective of when, in what manner, or in whose favor it may be exercised.

(b) “Donee” means any person, whether resident or nonresident of this state, who, either alone or with another, has the right to exercise a power.

(c) “Objects” when used in connection with a power means the person in whose favor the power may be exercised.

(d) “Property” when used in connection with a power means any and all property, whether real or personal, any and all interest in property, and any and all income from property, which is subject to the power, and includes any part of the property, any part of the interest in property, and any part of the income from property.

(e) “Release” means renunciation, relinquishment, surrender, refusal to accept, extinguishment, and any other form of release.