Limited Power of Appointment -
Restricted to appoint to a specific class of heirs. Person in possession of this power will not have it included in the holders' taxable estate.
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The content in this glossary is general in nature and is intended for informational purposes only.
It is not intended to provide specific advice or recommendations for any individual or organization,
because the facts and circumstances surrounding each situation differ. Please consult your attorney,
tax advisor or other professional advisor for advice on your particular situation.
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