What is a trust protector?
A trust protector is a person appointed to serve as an independent third party who is responsible for overseeing and protecting the assets of a trust. In California, trust protectors are responsible for making sure that the trust is administered according to the wishes of the individual who created the trust (the grantor). This includes things like making sure that the assets in the trust are managed properly, that the terms of the trust are followed, and that the beneficiaries of the trust receive all their due rights. The trust protector also has the authority to make changes to the trust and its terms if they are necessary in order to uphold the grantor’s wishes. They may also be responsible for consulting with the beneficiaries of the trust to ensure that their needs and interests are being taken into account. All trust protector appointments must be approved by a court in order to be valid.
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