Second Look Planning: Understanding the Benefits and Pitfalls of Powers of Appointment

On November 15, Boston Partner Dave Raymon is joining a panel of industry professionals and speaking on a Boston Bar Association webinar. Please join the discussion as they delve into the nuances of non-fiduciary powers of appointment, an often useful yet complex estate and tax planning tool. This program is designed to equip practitioners with essential insights on maximizing the benefits and minimizing the risks of these powers in wills and trusts.

Program Highlights Include:

1. Understanding Non-Fiduciary Powers of Appointment: Our panel will kick off by exploring the various types of non-fiduciary powers of appointment. Attendees will gain practical guidance on the benefits and limitations of each type, as well as when to consider including or exercising these powers within estate documents.
2. Tax Consequences and Planning Mistakes: The panel will provide a deep dive into the tax implications of utilizing powers of appointment, highlighting common mistakes and offering strategies to avoid potential tax pitfalls.
3. Litigation Risks and Pitfalls: Finally, our experts will address the litigation risks associated with powers of appointment. Learn how to avoid common issues that can lead to disputes and gain insights into safeguarding estate plans from potential challenges.