After the creation of a trust, title to property placed in the trust passes to at least two persons with the trustee receiving the equitable title and the beneficiary receiving the legal title.

Question

Quizplus · Accepted Answer

In a trust, the trustee holds the legal title to the property, while the beneficiary holds the equitable title. This means the trustee has the right to manage the property, and the beneficiary has the right to benefit from it.

After the Creation of a Trust, Title to Property Placed