by Joel Roettger | Feb 16, 2018 | Estate Planning, Trusts
Yes, generally, but it does not have to be. The Tennessee Trust Code states as follows: A trust advisor or trust protector, other than a beneficiary, is a fiduciary with respect to each power granted to such trust advisor or trust protector. Why is this significant?...
by Joel Roettger | Feb 6, 2018 | Estate Planning, Trusts
Trust protectors (also known as trust advisors) are becoming a common feature of irrevocable trusts. But what is a trust protector? A trust protector, as defined in the Tennessee Trust Code, is a person who is not a trustee but who nonetheless possesses certain...
