Preservation | Family Wealth Protection & Planning

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Posts in Trust Protector.
July 30, 2018 at 10:10 AM

Hands protecting a drawing of money on a chalkboard, with a bunch of chalk question marks surrounding itMany people who create irrevocable trusts are uncomfortable giving up control of their assets to a trustee, especially a corporate trustee. Even if the trustee is a trusted individual, it is increasingly likely that the trust could last for many years. As a result, the trustee may experience changes in the law that could negatively impact carrying out the settlor’s intent. The following Q&A addresses ways to mitigate concern with a long-lasting irrevocable trust by using a trust protector.

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