What is a Trust?

What is a Trust?

What is a Trust? Trust Definition:  What is a Trust?  A Trust is a contract that controls property.  A Trust has three parties.  First, there is the party who creates the trust.  This party is typically called a “Grantor.”  This party may also be called a  “Settlor” or “Trust Maker” or “Trustor.”   Second, there is a Trustee.  The Trustee…

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