Protector
Protector
Definition: A term used in some abusive trust schemes that refer to a person who is delegated powers in the trust instrument to replace/appoint trustees. Protectors are often used with foreign trusts. Its explanation in this context is not meant to imply that a "protector" isn't used in some legitimate trust arrangements as well.
Definition: A term used in some abusive trust schemes that refer to a person who is delegated powers in the trust instrument to replace/appoint trustees. Protectors are often used with foreign trusts. Its explanation in this context is not meant to imply that a "protector" isn't used in some legitimate trust arrangements as well.