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)
- Are You Living Together Outside of Marriage? If So, Estate Planning Is Crucial - February 20, 2020
- How Long Will It Take to Probate My Father’s Estate? - February 18, 2020
- Things to Look for in an Estate Planning Attorney - February 13, 2020