Summary: A trust is a legal entity, just like a corporation or an individual person. All trusts will have an exchange of property and three categories of people: The people who create it: called grantors or settlers, or the trust-makers The people in charge of the trust:, usually called the trustees The beneficiaries: the people who get the benefit of the trust Devin and John go over the different types of trusts and when to use them. For more, go to https://www.bigpictureretirement.net/108
