Trust Protectors may be used to provide flexibility in the administration of the Trust. A Trust Protector is an individual or family member who might be utilized to make certain decisions for the Trustee, or to provide direction to the Trustee. The Trust Protector is not an actual Trustee. The Trust Protector could remove and replace the professional Trustee, thereby having an impact on distribution decisions.
In addition to removal and appointment of Trustees, the Trust Protector could also be given the power to amend the Trust for law changes, to change administrative provisions, to change the powers of the Trustee, to change the situs of the Trust, and to potentially change the beneficial interests provided by the Trust. For instance, a special power of appointment could be changed into a general power of appointment, or vice versa.