In an effort to continue to do our part in social distancing, we are offering our July 21st event as a call-in-from-home or office teleconference. This is only available to the first 15 RSVPs. Click the button below to RSVP to Dan Stanyon ASAP.

Cannon Teleconference: Powers of appointment should be near the top of our checklist when designing trust instruments. When used properly, they are often a great technique to inject flexibility into a long-term trust while at the same time not forfeiting otherwise available tax benefits. As with most estate planning tools, however, a thorough understanding of the proper design of powers of appointment is necessary to avoid negative or even disastrous tax and non-tax consequences. The following common issues will be discussed:

• Achieving Basis Step-Up Through Powers of Appointment

• Non-Tax Uses for Powers of Appointment

• Issues Addressed by the Uniform Powers of Appointment Act

• Avoiding Ambiguity and Disputes in Drafting Language Conferring and Exercising Powers of Appointment

RSVP to Dan Stanyon (button below). Free for Members! Non-members: $15. Pay via PAYPAL or mail a check: Donna Turner, Smith Watson & Company LLC, 7 North Street, Suite 205, Pittsfield, MA 01201. Thank you!