The concept of the Protector was largely unknown in the U.S. and nearly always confined to offshore trusts thought the 1990s.

FORBES: Trust Protectors -- What They Are And Why Probably Every Trust Should Have One

But the backlash helped crystallize the idea that Facebook no longer is seen as the always-cool company that everybody implicitly trusts.

CNN: When did Facebook become so uncool?

That means the rear wheels will slip a tad (before traction-control takes hold and stops a skid or a peel-out), but that's one of the things we've always loved about BMWs--this carmaker trusts the driver to know what to do when that happens and you don't find electronic nannies overly interfering with the machine you spent your hard-earned dough for.

FORBES: Test Drives

The Protector is so useful, and it has become so commonplace, that the concept should almost always be discussed between planners and those looking to form trusts.

FORBES: Trust Protectors -- What They Are And Why Probably Every Trust Should Have One

Estate planners have been using grantor trusts for the past two decades, but they always had to warn clients that the IRS might consider the income tax payments by the grantor to be further taxable gifts to the beneficiaries of the trust.

FORBES: The IRS Grants A Wish

Most trusts make decision and funding every few months - getting a speedy decision may not always be possible.

BBC: Finding cash for playgroups

He has clients in their 40s and 50s who set up trusts for their parents in their 70s and 80s, but of course, it always is better late than never: One 75-year-old client recently came in to set up a trust for his mother.

WSJ: Paying Them Back