Basics of Estate Planning: Powers of Appointment – Part 1

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.  Click on the title to Part 1 of this two-part article to read on and learn more.
Basics of Estate Planning: Powers of Appointment – Part 1