What is a trust protector?

A trust protector is an individual or entity assigned to make decisions for a trust fund or estate in California. They are appointed by the trustor, which is the individual creating the trust fund. The trust protector has the power to change or modify the provisions in the trust document, but is not authorized to alter the trustor’s wishes--only to act as a checks-and-balances or quality-control mechanism for the trust. The trust protector’s primary responsibility is to ensure that the trust fund is being managed and administered according to the trustor’s wishes, as stated in the document when it was created. The trust protector has the authority to hire and fire the trustee or other individuals involved in the trust fund. They may also change the terms of the trust document as long as it is in line with the trustor’s written wishes. The trust protector will also oversee any investments and distributions from the trust fund. In California, trust protectors are generally either individuals, such as family members or friends, or a professional such as an attorney or financial advisor. The trust protector is not responsible for managing the day-to-day operations of the trust fund, but they are expected to keep a close eye on the trust and act in the best interest of the trustor and the beneficiaries.

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