What's the Difference Between Trustee and Trustor?

At the core, a Trustor is just the person who creates and opens a Trust. A Trustee, however, is the person who's appointed to manage that Trust.

What is a trustor trustee and beneficiary?

Trustee: a person or persons designated by a trust document to hold and manage the property in the trust. Beneficiary: a person or entity for whom the trust was established, most often the trustor, a child or other relative of the trustor, or a charitable organization.

What is trustor and trustee in real estate?

The Borrower (property owner) is named as “Trustor,” the Lender is called the “Beneficiary,” and a third party is called a “Trustee.” The Trustor grants the property “in trust with power of sale” to the Trustee to secure payment to the Beneficiary. In theory, title to the property is conveyed to the Trustee.