Glossary Group: T

Trustee

In its broadest sense, the term trustee can refer to any person…

Trust Instrument

A document that creates a trust and sets out the terms under which…

Trust

An entity created to hold assets for the benefit of certain…

Transfer on Death Designation

A beneficiary designation for property that allows for the automatic transfer…

Testator

A testator is a person who has written and executed…

Testamentary

Relating to a will or other document effective at death.

Terms of a Trust

The terms of a trust are the manifestation of the grantor’s intent…

Tenancy in Common

A property ownership arrangement in which each owner is regarded…

Tenancy by the Entirety

A joint tenancy arrangement between a husband and wife…