Swap Powers: Consider some often overlooked practical and technical aspects
Trusts & Estate’s Magazine December 2015
Martin M. Shenkman & Bruce D. Steiner
Grantor trusts and swap powers have become ubiquitous in trust planning. That frequent use, however, belies the underlying complexity and myriad of issues that might affect the optimal, even the proper, application of such powers. Here are some often overlooked practical and technical aspects of the swap power.