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Category Archives: Power of Appointment

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How to Plan for Incapacity

By Fisher Law LLC |

Planning for incapacity is just as important as planning for death. One is certain, the other is extremely likely. Therefore, it makes sense to prepare in advance, advises the article “Planning ahead for incapacity helps you and family” from The Press-Enterprise. Let’s start by defining capacity. Each state has its own language but for… Read More »

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Fixing an Estate Plan Mistake

By Fisher Law LLC |

When an issue arises, you need to seek the assistance of a qualified and experienced estate planning attorney, who knows to fix the problems or find the strategy moving forward. For example, an irrevocable trust can’t be revoked. However, in some circumstances it can be modified. The trust may have been drafted to allow… Read More »

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What Do I Really Need to Know About Trusts?

By Fisher Law LLC |

A trust is an agreement between two parties, the settlor and a trustee. Trusts may be used for many purposes, and one is for the trustee to accept, manage and protect assets delivered by the settlor, administer those assets according to the trust’s instructions and distribute the trust income and principal, according to the… Read More »

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Is My Irrevocable Trust Revocable?

By Fisher Law LLC |

Irrevocable trusts aren’t as irrevocable as their name implies, according to Barron’s recent article, “Are Irrevocable Trusts True to Their Name?” The article says that, for both new and existing trusts, there are ways to build in flexibility to make changes to a grantor’s wishes, if terms are no longer appropriate or desirable for… Read More »

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