Trust Protector Planning – Key Considerations

Bloomberg Daily Tax Report

Many high-net worth families may choose to use a “trust protector” to provide the family leaders a degree of control over the administration of the family’s trust without losing many of the advantages provided by the trust ownership structure. Partner Jeffrey Levin addresses several of the issues that a family leader should consider in the selection of a trust protector and a determination of the responsibilities and authority of the designated trust protector.