Grantor

A grantor is an individual or entity that establishes a trust and transfers assets into it. The grantor—also known as the settlor, trustor, or creator—defines the trust’s terms and provisions, including naming its beneficiaries and detailing how the assets should be managed and distributed. 

Depending on the type of trust, the grantor may retain certain powers over it like the ability to amend or revoke the trust, designate successor trustees, and more.