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Does your trust need protection? A trust protector may be the answer
Year End 2008
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 1172
Abstract: Generally, the most effective way to remove wealth from a taxable estate and shield it from creditors is to place it in one or more irrevocable trusts. But, as the name suggests, an irrevocable trust requires a person to relinquish control over the trust assets. One potential solution to this problem is to appoint a trust protector. This article details the duties of a trust protector.