The participants in a trust are:

Question

Quizplus · Accepted Answer

All three options - settlor, trustee, and cestui que trust - are participants in a trust. The settlor is the one who creates the trust and transfers property into it; the trustee is the one who manages and administers the trust property for the benefit of the cestui que trust, who is the beneficiary of the trust. Therefore, D is the correct answer. All three parties, settlor, trustee, and cestui que trust, are essential and necessary participants in a trust. The settlor creates the trust, the trustee manages the trust property, and the cestui que trust (also known as beneficiary) is entitled to the benefits of the trust. Therefore, all of the above choices are the correct participants in a trust.

The Participants in a Trust Are