Is there a power of appointment to change the beneficiary in a Nevada Asset Protection Trust?

Q: Is there a power of appointment to change the beneficiary in a Nevada Asset Protection Trust?

A: In many Nevada Asset Protection trusts a Trust Protector or Trustee has the power to add or remove beneficiaries. If the trust is an incomplete gift the Grantor typically retains a limited power of appointment by which he or she can change the ultimate beneficiaries of the trust.