Most modern offshore trust deeds are worded so that the Settlor is not able to exercise control over the assets which are settled into a trust. A Protector appointed by the Settlor (as described above) to oversee the actions of a Trustee provides a mechanism for a Settlor to exercise some control. It is generally accepted that Trustees, in managing trust assets, will be guided by a letter of wishes from the Settlor. Most trust deeds also provide for a Trustee to be replaced by a Settlor or Protector, which provides an added measure of control.

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