Question

A 'grantor' is also called the:

A) Trustee
B) Beneficiary
C) Joint owner
D) Settlor
E) Attorney

Answer 1

A 'grantor' is also called the Settlor. The grantor is the person who creates a trust and transfers their assets into it.

Step-by-step explanation:

A 'grantor' is also called the Settlor. In estate planning, the grantor is the person who creates a trust and transfers their assets into it. The grantor sets the terms and conditions of the trust and designates the beneficiaries who will receive the assets.