Power of Appointment Causes Bankruptcy Estate Inclusion in Behan - F...

Power of Appointment Causes Bankruptcy Estate Inclusion in Behan
Forbes
Then, Philip J. Behan filed for Chapter 7 bankruptcy on June 6, 2012. The only significant asset listed by Philip in his bankruptcy schedules was a Power of Appointment that he had in the Behan Trust created by his father. Philip asserted that he had ...