Cryptocurrency Q&A
Who owns a special needs trust?
Who owns a special needs trust?
Valentina
Mon Oct 28 2024
|
5 answers
1457
I am trying to figure out who the owner of a special needs trust is. I need to know this information for some legal and financial planning purposes.
5 answers
Elena
Tue Oct 29 2024
In contrast, the trustee plays a crucial role in managing the trust's assets.
Was this helpful?
198
86
DigitalDragonfly
Tue Oct 29 2024
The trustee is the person specifically designated by the trust for this purpose.
Was this helpful?
308
91
BusanBeautyBloomingStarShine
Tue Oct 29 2024
The individual who initiates the creation of a special needs trust is referred to as the trustor.
Was this helpful?
282
56
MysticGlider
Tue Oct 29 2024
Another term used for the trustor is the grantor.
Was this helpful?
307
33
Carolina
Tue Oct 29 2024
The primary responsibility of the trustor is to establish the trust.
Was this helpful?
362
38
