What Does a Protector of a Trust Do?
A protector of a trust (also known as a trust protector) is a person that the grantor names in a trust document. That person’s duty is to oversee and protect a trust from mismanagement by the trustee. They have the power to remove or replace trustees or other fiduciaries if they act improperly. They can […]
What Is A Protector In A Trust?
Are you wondering, “What is a protector in a trust?” Then you’ve come to the right place. A protector in a trust is like the castle guard above. The protector is able to take certain actions when the creator of the trust is unable to act. Put another way, the protector helps carry out the […]
What is a Trust Protector?
Trusts are wonderful things. They can provide for the smooth transition of wealth from one generation to the next. They can help your loved ones avoid the need for going to probate court after you die. They can provide your care if you become incapacitated. But sometimes things go wrong. Laws change. Named trustees turn […]