What is a Power of Appointment?

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What is a power of appointment? There are general powers of appointment and a special powers of appointment, but what is the difference? These terms show up in different settings and can make a significant impact on your estate plan. A power of appointment is NOT the same as a power of attorney, so when you see the initials POA, always ask what it refers to, or you may be giving someone an unintended power. -- I love helping people and make these podcasts to help non-lawyers learn a little more about legal concepts. I’d appreciate it if you take a second to let me know what you thought of the podcast and if you learned something, please hit the subscribe button, rate and review! It helps other people access the podcast too. -- If you want to talk more about estate planning: https://www.amandarochalaw.com/click-estate-planning If you want to talk more about probate: https://www.amandarochalaw.com/click-probate -- Estate Planning and Probate is all we do. If you want someone who is honest, diligent, and compassionate, you’ve come to the right place. Amanda Rocha is the owner of Law Office of Amanda L. Rocha. She created it with one goal - help YOU live a great life and leave a great legacy. You’ll find information here on estate planning, probate, revocable living trusts, irrevocable trusts, life insurance trusts, charitable giving, wills, trusts, power of attorney, medical power of attorney, trustee selection, and everything in between. -- Instagram = https://www.instagram.com/amandarochalaw Facebook = https://www.facebook.com/amandarochalaw Podcast = https://www.amandarochalaw.com/podcast *Attorney advertising. For educational purposes; no guarantees are made with this video or text.

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