[WSBAPT] Successor Trust Language

[Jacob Menashe]

I am thinking about a trust where the beneficiary has the power to appoint a successor trustee other than herself. There’s no other limitation other than the trust does say the beneficiary shall have no power or authority over any trust assets. The particular question I have in mind is whether the beneficiary can appoint her spouse. For what I am thinking about, I’m leaving aside the tax implications of the transaction and I am only mildly considering the creditor implications. I am really just focusing on the appointment language and whether that gives an opening to appointing the spouse.

All thoughts, as always, will be appreciated.

Sincerely,

Jacob

Jacob H. Menashe
Hickman Menashe, PS
4211 Alderwood Mall Blvd., Suite 204
Lynnwood, WA 98036
(425) 744-5658 phone
(425) 744-6078 fax
Satellite Office in Bellevue
www.hickmanmenashe.com

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