A trust involves the transfer of property from a donor to a trustee for the benefit of one or more beneficiaries.

Name: A trust involves the transfer of property from a donor to a trustee for the benefit of one or more beneficiaries.
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In a trust, a donor (also known as a settlor or grantor) transfers property or assets to a trustee, who manages and holds the property for the benefit of one or more beneficiaries as per the terms set out by the donor.

A Trust Involves the Transfer of Property from a Donor