Trustor (Grantor)


The term trustor refers to the entity that provides assets to a trustee, which is responsible to hold and maintain the assets on behalf of a beneficiary.  The trustor is the person or business that gifts a trust's assets to a beneficiary.


Also known as the grantor and settlor, a trustor provides the assets to the trustee, which maintains them on behalf of the trust's beneficiary.  This is one of three essential roles individuals may play when establishing a trust.

  • Trustor:  the party that donates the assets to the trust.
  • Trustee:  the party that has a fiduciary responsibility to protect the assets of the trust.
  • Beneficiary:  the party that benefits directly from the assets placed in the trust.

When a blind trust is established, the trustor is frequently also the beneficiary.  The trustor can also act in the role of trustee.

Related Terms

code of ethics, street name, safekeeping, custodian, blind trust, trustee, donee beneficiary