What is a power of appointment? What is a power appointment in a Living Trust? How does power of appointment affect inheritance? What impact does power of appointment have on your heirs?
A power of appointment is often referred to as the “Power to Disappoint” and has very positive–and negative–taxation attributes. But why? In this legal webinar, Estate Planning and Trust Administration Attorney, James L. Cunningham from CunninghamLegal shares the answers to this and other questions and explains why it’s crucial to seek legal counsel for a power of appointment .