What is a grantor?
A grantor is the person who creates a trust and funds it.
Why it matters
The grantor sets the trust terms and decides what goes in.
Common confusion
Grantor, settler, and trustor are often the same role by different names.
Frequently Asked Questions
Is the grantor the owner?
They were, but funding moves legal title to the trust.
Can the grantor also be trustee?
For a revocable trust, often yes.
What if there are two grantors?
A joint trust can name both spouses as grantors.