Trust Protector. The Powers and Responsibilities of a Trust Protector. Posted By : Rocco Beatrice
March 12th, 2007
What is a trust protector? What are the duties and powers of a trust protector? Change trust’s situs, veto distribution to beneficiaries, replace trustee, control disbursements of trust or terminate trust if costs of administration is greater than available funds. Mentions asset protector in Foreign Asset Protection Trusts (FAPT). Trust Protector is someone close to family, CPA, accountant or lawyer.
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