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post Trust Protector. The Powers and Responsibilities of a Trust Protector. Posted By : Rocco Beatrice

March 12th, 2007

Filed under: Money Management — admin @ 8:03 pm

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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post IRAs and Early Retirement Posted By : Robert D. Cavanaugh, CLU

March 12th, 2007

Filed under: Money Management — admin @ 6:03 pm

If you retire early and roll your 401(k) into an IRA, what is the best way to take out income to live on? What are the rules? What are the penalties for taking money out before the magic age of 59 1/2? What are the exceptions? What are the work-arounds?

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post Selecting a Good Trustee. Factors to Consider When Choosing a Trustee. Posted By : Rocco Beatrice

March 12th, 2007

Filed under: Money Management — admin @ 6:03 pm

How to select or choose a good trustee. What are the factors to consider when choosing a trustee? Who are some bad trustees? Consequences when the grantor names himself trustee. Co-trustees and trust protectors can ease responsibilities. Mentions testamentary trust, testor, settler, trustor, grantor, inter vivos trust, corporate trustees, trust companies, bank trustees and family members, accountants and lawyers as trustees.

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