Since there is so much terminology involved with trusts, it is easy to become confused. Many trusts refer to "grantors" and “settlors” and "trustors," and you may wonder what role these play in your estate planning. The good news is that the basics are very simple: these are actually interchangeable terms. Essentially, these terms refer to the entity or person who created the trust. In essence, the person who holds this role makes all the decisions regarding the trust, including what goes into the trust, who the beneficiaries of the trust are and how the law will disseminate any inheritance from the trust.
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