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 Scott Schomer, Estate Planning Attorney (see all)
- Married Couples: Reciprocal vs. Joint Will - November 15, 2023
- Can I Still Access Assets Transferred into a Trust? - November 14, 2023
- Alternatives to Nursing Home Care in California - November 11, 2023