trustor

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Trustor

One who gives money and/or other assets to a trust. A trustor usually sets up a trust in order to provide for the financial future of a minor child or mentally incompetent person. A trustor may also set up a trust to benefit a charitable organization. It is important to note that the trustor does not hold or invest the assets once they are given to the trust, as that is the duty of the trustee. See also: Escrow, Charitable trust.

trustor

The person or organization that creates a trust.
References in periodicals archive ?
Directed trusts provide maximum flexibility to trustors and beneficiaries.
In a directed trust, the trustee can be required to follow the investment or distribution directions of an investment adviser, who is appointed by the trustor.
To ease the issue of collusion attacks and make the trust certifications more accurate, we comprehensively consider three factors, namely the number of the trust certifications, the time decay of the trust certifications and the similarity between the trustors and the certifiers.
Integrity is defined as "the extent to which the party's actions are congruent with his or her words" and "the trustee['s] adherence] to a set of principles that the trustor finds acceptable" (p.
Several experimental studies of one-shot two-player trust games show that communication increases cooperation between trustor and trustee (Ben-Ner and Putterman 2009; BenNer, Putterman, and Ren 2011; Buchan, Croson, and Johnson 2006; Charness and Dufwenberg 2006; Glaeser et al.
When millions of soldiers and their families accepted their duty to fight in the global war against fascism, they were, in essence, accepting their respective government's promises about the ultimate purposes of the war, thus giving their express or tacit consent (depending on the sui generis circumstances), a key factor for Locke in the formation of a binding political obligations; this includes the creation of a trust in which the people, in Locke's scenario, who are both the trustors and the beneficiaries.
trust in supervisor, loyalty to supervisor and job performance) that have already been discussed in this article, and other outcome variables such as organisational citizenship behaviour and employee turnover, other moderators such as characteristics of trustor and trustee are also worth exploring.
Thus, we suggest that coercive/remunerative control is the foundation of CBT, since it is achieved through the negotiation of exchanges between trustor and trustee.
167) To obtain this authorization, both fiduciary institutions and trustor companies (sociedades fideicomitentes) must submit (in original and one copy):
It is expected that trustors will interpret focal employees' behavior more idiosyncratically in deciding whether the emotional quality of their relationships with these workers is one of deep caring and concern.
Society limits the dead hand control of trustors when their dispositions are private in nature.
As with all trust arrangements, the involvement of three parties was called for: trustor, trustee, and beneficiary.