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What Is The Difference Between A Trust And A Trust Protector?
According to the dictionary a Trust is a legal relationship whereby an individual or couple (settlors) places their assets into the Trust. The trust now holds this property as its nominal owner for the good of one or more beneficiaries. The owners of the trust appoint "Trustees" who upon the owner's death will take over the administration of the trust duties.
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By Joe ClarkAccording to the dictionary a Trust is a legal relationship whereby an individual or couple (settlors) places their assets into the Trust. The trust now holds this property as its nominal owner for the good of one or more beneficiaries. The owners of the trust appoint "Trustees" who upon the owner's death will take over the administration of the trust duties.
Connect with Financial Enhancement Group:
Visit our Facebook page at www.Facebook.com/FinancialEnhancementGroup
Join our Facebook Group at www.yourlifeafterwork.com/FinancialTidbits
Visit our website at www.yourlifeafterwork.com
We would love to answer your questions on air!
Give us a call at (800) 928-4001 or send them to [email protected]