What Is a TRUST PROTECTOR and Do I Need One?

Trust Protectors can play a vital, but often misunderstood role in estate planning. Our attorneys often build Trust Protectors into cutting-edge trusts to provide much-needed flexibility following the death of a loved one. Unfortunately, clients are often unaware of the benefits, and may even be fearful of including a Protector in a Trust. You may also wish to read our blog about Trust Protectors. And please consider contacting CunninghamLegal for comprehensive Estate Planning in California.

In this legal webinar, we’ll closely examine the role of the Trust Protector, their duties and powers, and how they can take action when needed—critical information for all Trust Grantors and their advisors.

Among the subjects we’ll cover:

  • The role of a Trust Protector (which is different than the role of a trustee)
  • How a Trust Protector can help keep the trust out of probate
  • The powers of a Trust Protector
  • The appointment, removal, and succession of a Trust Protector
  • Naming a Trust Protector
  • Trust Protector fees
  • How often Trust Protectors are used
  • When a Trust Protector is recommended, for example in the cases of:
    • Any “Continuing Trust” with a Revocable Living Trust
    • An IRA Legacy Trust
    • Generation Skipping Trusts
    • Irrevocable Trusts
    • Limiting the authority in the trust
  • Reasons to consider a Trust Protector:
    • Tax reasons
    • Their advantages in long-term trusts
    • How they can help protect special assets in a trust
    • Privacy reasons
    • How they limit the authority of the trustee

Estate Planning and Trust Administration attorney, James L. Cunningham from CunninghamLegal lays out all the basics of a Trust Protector’s role and why a Trust Protector might be right for you in this legal webinar.


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