Page 68 - Ultimate Guide to Estate Planning

as most family members will either work on the
investments or select their own advisor.

Distribution Trustee.
You could have somebody totally different,
from the investment trustee, applying the
distribution strategy that you have employed,
i.e. distributions for education, home
purchase, business purchase. You may even

have them make discretionary distributions. It
might be a family friend of yours, someone that
understands your values and how liberal or
conservative you might be with investing. They
can help you give this money to the next

generation based on the triggers that you've
created. I've also had clients use accounting
firms, financial firms, or trust companies

Trust Protectors.
You can also have a “trust protector”. A trust
protector is a person or a company whose job
it is to protect the integrity and intentions of
the revocable living trust. The trust protector
isn't making decisions about distributions or

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