Trusts can be very flexible. One of the ways to add flexibility is by using powers of appointment. This article will examine what a power of appointment is and how it may be used to add flexibility to a trust. An upcoming article will examine the tax consequences of powers of appointment.
Basics of Estate Planning: Powers of Appointment – Part 1
Latest posts by Michael Robinson, Estate Planning Attorney (see all)
- What if You Make the Wrong Kind of Trust? - August 14, 2018
- Why Do Small Business Owners Need Asset Protection? - August 14, 2018
- What Special Legal Issues Do You Face with a Large Estate? - August 9, 2018