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Adding Flexibility and Peace of Mind: Why Every Trust Should Have a Trust Protector

Trusts, as we have known them for centuries, are made up of four parts: the settlor, the trust (i.e. the assets,) the trustee and the beneficiaries. But more recently a fifth element has come into play, a trust protector or trust advisor who has the power to direct a trustee to do or not do something. The role of trust protector originated with offshore trusts. Settlors with assets in the […]

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