Hello again, Andrew Cobin, board-certified specialist in Estate Planning and Probate Law, and today I want to talk about the roles in a trust agreement.
So remember that a trust is just a contract, it's a contract between the grantors (the party who creates the trust), and the trustee (the party that's bound to hold and manage the property inside the trust), and the trust has a third party to it, and that's the beneficiaries, so those are that folks that get to enjoy the benefits of the assets held in the trust.
For more information, visit our Brady and Cobin Law Group PLLC website at https://ncestateplanning.com/
Learn more about Trusts here: https://ncestateplanning.com/estate-planning/trusts/
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