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NEW METHODS OF FIDUCIARY MANAGEMENT IN THE USA: TRUST PROTECTORS
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NEW METHODS OF FIDUCIARY MANAGEMENT IN THE USA: TRUST PROTECTORS
Annotation
PII
S268667300000617-8-1
Publication type
Article
Status
Published
Authors
Ivan Arkhangelskiy 
ORCID: 0000-0001-5107-2627
Edition
Issue 10 (514)
Pages
101-116
Abstract
The role of such fiduciary managers as trust protectors has increased in the USA since mid 1990s. Originated from offshore asset protection trusts, trust protectors were to veto the trustees' decisions to satisfy settlor's creditors claims. By the end of 1990-s a few states adopted trust laws which allowed setting up of domestic asset protection trusts almost similar to those of offshore. On top of that an assignment of trust advisors or protectors has also been allowed.
Keywords
asset protection trust, fiduciary liability, trustee, beneficiary, trust advisor, trust protector
Date of publication
01.10.2012
Number of purchasers
1
Views
872
Readers community rating
0.0 (0 votes)
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 34. Utah Code Annotated. 2007. 
 35. Wyoming Statutes Annotated. 2009.

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