Are You Effectively Using the Trust Protector Role? – October 2020
A Trust Protector is an independent person appointed under a trust instrument by the grantor (creator) of a trust with responsibilities and powers regarding very specific aspects of the trust.
Although the concept of a Trust Protector (previously referred to as “Trust Advisor”) has been a part of U.S. trust law for many years, it gained popularity within the last thirty years as many ultra-high net worth Americans established off-shore trusts in what were often tiny island nation-states.