Some people even hire an independent trust protector to mediate between trustees and beneficiaries, says Allan Zachariah, a wealth manager at Pathstone Family Office in Englewood, N.J.
The best protection, however, is careful planning at the outset. "Draft the documents with a competent attorney who specializes in trusts," asserts Ted Sarenski, chair of the PrimePlus ElderCare Task Force in Syracuse, N.Y.