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State of Delaware, Hereinafter Referred to as the Trustor and the Trustee Form

State of Delaware, Hereinafter Referred to as the Trustor and the Trustee Form

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trustor and trustee are two similar terms you often hear in a state playing discussions I'm Daniel Hunt a certified specialist in estate planning trust and probate law in this video I'll be explaining what the difference is between a trust store and a trustee first what is a trustor trustor is a title for a person who sets up a trust this person may also be called the trust grantor or settler the trust door may be a single person or a married couple they decide the terms of the trust who the beneficiaries of the trust will be and how their assets will be distributed they decide how to fund their trust meaning which assets they will transfer into it and they will select a trustee to manage the trust what is a trustee a trustee is the person who manages the trust they are responsible for managing the Assets in the trust by handling the day-to-day tasks paying bills taxes and ultimately Distributing the trust assets to the intended beneficiaries after the trust door passes

Related searches to State Of Delaware, Hereinafter Referred To As The Trustor And The Trustee

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