Trustor

AAA

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 EXPLAINS 'Trustor'

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

RELATED TERMS
  1. Third Party Beneficiary

    A person who will benefit from a contract made between two other ...
  2. Naked Trust

    A straightforward type of trust into which a trustor transfers ...
  3. Exemption Trust

    A trust whose purpose is to drastically reduce or eliminate federal ...
  4. Beneficiary

    Anybody who gains an advantage and/or profits from something. ...
  5. Irrevocable Trust

    A trust that can't be modified or terminated without the permission ...
  6. Blind Trust

    A trust in which the executors have full discretion over the ...
Related Articles
  1. Investing Basics

    The Seasons Of An Investor's Life

  2. Retirement

    Pick The Perfect Trust

  3. Retirement

    Bursting Boomers' Inheritance Dreams

  4. Insurance

    Encouraging Good Habits With An Incentive ...

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center