A trust protector is an individual or entity that may be granted specific powers to oversee certain aspects of a trust without serving as the trustee. While not every trust includes a trust protector, the position has become increasingly common in modern trust planning, particularly in long-term, irrevocable, and asset protection trusts. This guide explains the purpose of a trust protector, the authority that may be granted under a trust agreement, and the role a trust protector can play in helping a trust adapt to changing circumstances.

Inside this guide, you will learn how trust protectors function within a trust structure, the powers they may be given, and the limitations that often apply to their authority. The guide also explores common trust protector provisions, the relationship between trust protectors and trustees, and situations in which a trust protector may be called upon to exercise their powers. Whether you are creating a trust, serving as a trustee, or seeking a deeper understanding of advanced trust planning concepts, this guide provides a practical introduction to the role of a trust protector.