administrator

Meanings of successor trustee, settlor of trust, and trustor

Meanings of Settlor of Trust, Successor Trustee, and Trustor

Settlor of Trust, Successor Trustee, Trustor, Administrator of Trust are common terms in estate planning and trust litigation. What do they all mean? Here’s a 5-minute guide to understanding their meanings, and how they may affect you.    What is a trust, trustor, and trustee? Generally, a “trust” refers to a revocable living trust. …

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