Question: Your client has a trust with a provision allowing her to use assets for payment of her household expenses only with the consent of her

Your client has a trust with a provision allowing her to use assets for payment of her household expenses only with the consent of her father who created the trust. Which of the following describes the power of appointment you client has?
Group of answer choices
A. General Power of Appointment
C. General Power of Attorney

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!