Power of Appointment

In this post, I discuss the power of appointment and specifically discuss the difference between general and special powers. Photo by zeitfaenger.at is licensed under CC 2.0. A power of appointment generally exists in the context of wills or trusts and provides an individual the right to dispose of certain specified property belonging Read more…

Charitable Trusts

Photo by Sacca is licensed under CC 2.0.  In previous posts, I have discussed various types of charitable trusts. While the rules governing charitable trusts can be quite complex, charitable trusts are simply trusts set up for charitable purposes. The reasons for setting up charitable trusts are numerous. Obviously, the noblest reason Read more…