Commentary

I5.1212 Protector of a foreign trust

IHT, trusts and estates

I5.1212 Protector of a foreign trust

I5.1212 Protector of a foreign trust

Many non-resident trust deeds include the appointment of a 'protector', who has powers and responsibilities to protect the trust and the interests of its beneficiaries. They may have the power to remove and appoint trustees or to change the residence of the trust, and generally to represent the interests of a class of beneficiaries. 'Protectors' are often used in offshore trusts to provide reassurance to UK resident settlors.

A protector can be given the power of veto over the exercise of powers by trustees. The office of protector is of a fiduciary nature, and

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