Deborah Soehlig shares insights on how to effectuate an improperly exercised limited power of appointment to the South Suburban Estate Planning Council

Deborah Soehlig shared her estate planning insight with the South Suburban Estate Planning Council at the group’s November meeting. She discussed how to effectuate an improperly exercised limited power of appointment, which is often needed to accomplish the goals of the deceased when an estate plan contains invalid provisions. Her discussion included scenarios such as using assets to pay for funeral costs as well as designating a non-listed recipient to inherit following the death of a listed recipient.