Trustor definition

Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

Trustor has the meaning specified in the first sentence of this Agreement.

Trustor means an individual who creates an inter vivos or a testamentary trust.

Examples of Trustor in a sentence

Where the trustee is also a beneficiary, restraint on transfer is invalid against transferees or creditors of the Trustor.
Provided sufficient resources exist for the care and maintenance of the Trustor, during any period of incapacity of the Trustor, the Successor Trustee is further authorized to make distributions to or for the benefit of any issue of the Trustor who has no other financial resources and who requires said distribution for their health or support.
If any children of the Trustor surviving the Surviving Trustor are under the age of 21 years at the time of the death of the Surviving Trustor, the property shall be held, administered, and distributed by the Trustee, in trust, according to the terms set forth in this article applicable to the Sprinkling Trust.
If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee.
During any period of incapacitation of the Trustor, as defined by this Trust Agreement, the Successor Trustee may apply or expend all or a part of the income and principal of this Trust, or both, for the health and maintenance of the Trustor, in his or her accustomed manner of living.

Trustor means a person, including a testator, who creates, or contributes property to, a trust.

Trustor means (i) with respect to the First Trust Agreement, VWFSJ and (ii) with respect to the Second Trust Agreement, MHSC.

Trustor or “Participant” means a person who participates in the Fund under a Trust Agreement.

Trustor means a person, including a testator, who creates,

Trustor has the meaning specified in the Trust Agreement.

Trustor means a person who creates or funds a trust, or both.