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An individual can include a testator who can both contribute and create a property within a trust. Suppose there is more than one person involved. In that case, each person is a grantor in respect of the portion of the trust property that is attributed to that person and their contribution except to the extent another person has the option to revoke or withdraw that portion. A grantor can also be referred to as a “donor,” “settlor,” and “trustor.” In contrast with the use of the term “grantor trust” to imply trust, the income of which is taxed to the person considered the “grantor” for income tax purposes.

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