As the first part of our Trust 101 Content Series, we begin with an overview of the trust mechanism: who the main participants are, and what terms like Trust, Trustor, Trustee, and Beneficiary mean.<\/p>\n
Sounds Confusing !! Wondering how they are connected? No worries, we\u2019ll explain everything in a simple and easy-to-understand way.<\/p>\n
Let\u2019s get started.<\/p>\n
What is a Trust?<\/strong><\/p>\n A trust is a legal and private arrangement in which an individual or entity, known as the Trustor, transfers ownership of their assets to a Trustee. The Trustee then manages those assets on behalf of another person or group \u2014 known as the Beneficiaries, according to the instructions set by the Trustor.<\/p>\n Key Participants in a Trust Arrangement<\/strong><\/p>\n Trustor<\/strong><\/p>\n The person or entity who creates the trust and transfers assets into it.<\/p>\n Example: Mr. Chen sets up a trust and transfers his land to benefit his children \u2014 he is the Trustor.<\/p>\n Trustee Example: Everstone Wealth manages Mr. Chen\u2019s land on his behalf \u2014 Everstone Wealth is the Trustee.<\/p>\n Beneficiaries<\/strong><\/p>\n The individuals or entities who receive benefits from the trust.<\/p>\n Example: Mr. Chen\u2019s children, who inherit or receive income from the land \u2014 they are the Beneficiaries.<\/p>\n","protected":false},"excerpt":{"rendered":" As the first part of our Trust 101 Content Series, we b…<\/p>\n","protected":false},"author":1,"featured_media":1255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/posts\/1496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/comments?post=1496"}],"version-history":[{"count":0,"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/posts\/1496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/media\/1255"}],"wp:attachment":[{"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/media?parent=1496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/categories?post=1496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.everstonewealth.com.kh\/zh-hans\/wp-json\/wp\/v2\/tags?post=1496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nThe individual or organization responsible for managing the trust assets according to the trust terms.<\/p>\n