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Trust Protector for Your Living Trust

I recommend to almost all my clients that they include a Trust Protector (we call it a Trust Advisor) in their living trust estate plan. A Trust Protector is a friend, accountant, law firm or someone you trust, who can fire and replace your trustee if the trustee is doing a poor job. The Trust Protector can also nominate a trustee if none of your trustees are willing or able to serve as trustee. Without a Trust Protector, your representative or the trust beneficiaries might have to petition the court to remove or replace the trustee. And your living trust can be written to allow you or your beneficiaries to fire and replace the Trust Protector. This just gives you and your beneficiaries more flexibility and more protection.

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