Detainer; in law, the act of keeping a person against his will, or the wrongful keeping of a person's goods, or other real or personal property. A writ of detainer was a form for the beginning of a personal action against a person already lodged within the walls of a prison; it was superseded by the Judgment Act 1838.
The name that is given to your trust, and to a lesser extent the trustees selected to manage the trust assets, are the main way that the trust protects privacy. Privacy and protection are usually basic goals of the trust, yet simplicity is important too. Associating the purpose, or the asset, or the goal can still be achieved.
This would eliminate the time a successor trustee would need to become knowledgeable about your trust, its assets, and the needs and personalities of your beneficiaries. It would also let you evaluate if this is the right choice to manage your trust in your absence. Naming someone else as trustee or co-trustee does not mean you lose control. The trustee you name must follow the instructions in your trust and report to you. You can even replace your trustee if you change your mind. Vickie Schumacher is the author of the best-selling book, âUnderstanding Living Trusts.Â®â The sixth edition is currently in production.