Protector
Definition and explanation in the context of trusts administered in Switzerland.
Definition
A protector is an independent person or entity appointed under the trust deed with specific reserved powers. These may include approving distributions, changing the trustee, adding or removing beneficiaries, or consenting to certain administrative decisions. The protector provides an additional governance layer.
Context
This term is commonly used in the context of trust administration in Switzerland. Understanding this concept is essential for international families, entrepreneurs and legal professionals considering or managing trust structures administered from Switzerland.
Related terms
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