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
- How Do You Leave an Inheritance to Minor Children? - March 28, 2023
- These Celebrity Estate Planning Mistakes Can Be Instructive - March 9, 2023
- Is There a Person With Special Needs on Your Inheritance List? - February 21, 2023