Trustor

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Dictionary Says

Definition of '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

Investopedia explains 'Trustor'


Also referred to as a grantor, the trustor is the party that generally donates or gifts assets to others.

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