Powers in Wills and Trusts

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Dealing with trusts and estate often requires an understanding of the powers given in the will or trust whether you are drafting the original instrument or advising on an existing instrument.

This talk will look at:

• Administrative and dispositive powers
  • the differences
  • where power to appropriate fits in

• Common dispositive powers in trusts
  • Why so many?
  • how they can be exercised
  • tips and traps

• Administrative provisions
  • the STEP provisions 3rd edition
  • adding additional powers
  • limitations

 Professor Lesley King, Professional Development Consultant, University of Law