Assertion: trust | /r/HasProperty | grantor
Facets:
Source sentences:
text: There are four requirements for a trust: a grantor, assets, a trustee, and one or more beneficiaries.
text: Since the assets in the trust belong to the trust, not the grantor, there’s no need to transfer ownership of those assets upon the grantor’s death.
text: A trust is a way of holding and managing property, whereby the person setting up the trust (called the grantor, settlor, or trustor) transfers property to a trustee, who manages the property for the benefit of others (called beneficiaries).