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
Latest posts by Larry Parman, Attorney at Law (see all)
- How Do You Choose a Successor Trustee? - July 29, 2021
- Five Things You Need to Know About Medicaid Planning - July 27, 2021
- Debunking Four Estate Planning Myths - July 22, 2021
