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WHAT IS THE ROLE OF THE TRUSTOR?

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WHAT IS THE ROLE OF THE TRUSTOR?

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The trustor is the person whose goals drive the design of the trust. The trustor signs the trust agreement to create the trust. The trustor transfers the assets he wants the trust to control to the trust. For instance, he may sign a deed covering his home for purposes of transferring ownership of the home to the trust. He may also decide to have the trust own his investments (or any other assets) in which case those assets will no longer be in his name but will be titled in the name of the trust.

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