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fraud on a power

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Protector powers – fiduciary or not?

While “protectors” are not a common feature of New Zealand trusts, they are not entirely unheard of.  A protector might be described as a hybrid of a trustee and an appointor.  This is a fairly inelegant statement of the term, but hopefully it gets the idea across.  The role of the protector developed in offshore jurisdictions where it was more … Continue reading