Legal Definitions - trustor

Definition: The trustor is the person who creates a trust. They are also known as the settlor or grantor.

Example: John creates a trust and transfers his assets into it. He is the trustor or settlor of the trust.

The trustor is the person who sets up the trust and decides what assets will be included in it. They also determine the terms and conditions of the trust, such as who the beneficiaries are and how the assets will be distributed. The example illustrates how John is the trustor because he created the trust and transferred his assets into it.