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I5.621 Protective trusts—overview
Protective trusts are used for providing for beneficiaries who are in need of protection. Typically, they have been used where a beneficiary is financially irresponsible or whose spouse or civil partner is financially irresponsible.
From a legal perspective, protective trusts are created using the powers contained in the Trustee Act 1925, s 33. The income of the trust fund is held for the person ('the principal beneficiary') until he forfeits his
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