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#1580728 - 07/20/11 09:51 PM Define Grantor vs Trustee
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In the mountains
Can someone please define grantor vs trustee on a trust account and/or direct me to the place i can find this information. Thank you in advance!
Last edited by SRB; 07/20/11 09:52 PM.
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#1580730 - 07/20/11 09:53 PM Re: Define Grantor vs Trustee Likes to Comply
BrendaC Offline
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BrendaC
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Sweet Home AL
There are many places, investorwords.com or wikipedia are just two.
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#1580827 - 07/21/11 01:04 PM Re: Define Grantor vs Trustee BrendaC
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I'm assuming then that there are no regs that define it?
Last edited by SRB; 07/21/11 02:25 PM.
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#1580837 - 07/21/11 01:28 PM Re: Define Grantor vs Trustee Likes to Comply
BrendaC Offline
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BrendaC
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Sweet Home AL
You can look at your state's trust statutes and Reg 9 if you are a national bank.
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#1581445 - 07/21/11 09:53 PM Re: Define Grantor vs Trustee BrendaC
John Burnett Offline
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The grantor creates the trust and funds it./

The trustee manages the trust and holds title on its behalf.

Grantor and trustee may be same individual, particularly on a grantor (intervivos revocable) trust
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