A properly worded trust deed will set out the powers, duties, and responsibilities of a Trustee, which if not followed will place a Trustee under significant liability to the Settlor and beneficiaries of a trust. Most Trustees have insurance to cover these potential liabilities and some of the established Trustees will have a significant amount of capital at risk to ensure proper performance. The Bank has both insurance and a substantial equity base. In addition the Barbados Trust law places onerous responsibilities on a Trustee of a Barbados International Trust. One can also make use of a Protector to oversee the actions of a Trustee and who will be empowered to intervene in a transaction if needed. Ultimately, a Settlor should satisfy themselves that a Trustee has the competence and reliability to properly manage trust assets.