Trustor
An individual or organization that gifts funds or assets to others by transferring fiduciary duty to a third party trustee that will maintain the assets for the benefit of the beneficiaries. Investopedia Says:
Also referred to as a grantor, the trustor is the party that generally donates or gifts assets to others. Related Terms:
Beneficiary
Blind Trust
Exemption Trust
Irrevocable Trust
Trustee
Unit Investment Trust
Unit Trust |