HB4408 — Probate: trusts; powers of appointment; revise. Amends secs. 5a & 14 of 1967 PA 224 (MCL 556.115a & 556.124).

HB4408 — Probate: trusts; powers of appointment; revise. Amends secs. 5a & 14 of 1967 PA 224 (MCL 556.115a & 556.124). · Informed CitizenryThis bill amends the "Powers of appointment act of 1967" by revising sections 5a and 14 (MCL 556.115a and 556.124). Section 5a allows a trustee with a presently exercisable discretionary power to m…Open in Informed Citizenry