Related Definitions
What is a Grantor?
An individual who transfers their assets to another, such as into a trust to be passed down to their children or future generations.
The individual who transfers assets to another, such as establishing a trust and transfers assets into it, also known as the settlor or trustor. The grantor outlines the terms of the trust, designates beneficiaries, and appoints a trustee to manage the trust. Understanding the role of the grantor is essential in trust administration, as their intentions dictate how assets are handled, distributed, and protected, shaping the overall purpose of the trust.
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Insights and advice on trust and probate estate litigation from our blog.
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