Trustor

Pronunciation: /ˈtɹʌstɔɹ/

Trustor (noun)

  1. A person or organization that gives property or power to someone else under a trust agreement.
  2. In a trust or similar arrangement, the party who starts the arrangement and sets its terms.

Examples

  • The trustor transfers property into the trust.
  • A trustor sets the rules for how the trust works.