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parties in a living trust. grantor/trustor: the grantor, also called a trustor, is the individual who creates and funds the trust. trustee: the trustee is the person who will be managing the trust’s assets. … co-grantors/co-trustees: these two individuals, usually spouses, own and control the trust together. select your state below for a representative sample document(s). click on the link to view and/or download the document. the first grantor to die shall be called the “deceased grantor.” upon the deceased grantor’s death, the trustee shall divide the property of the tommy trustmaker and tammy trustmaker revocable living trust listed on schedules a, b and c into two separate trusts, trust #1 and trust #2. this revocable living trust shall be known as the tammy trustmaker revocable living trust. tammy trustmaker, called the grantor, declares that she has transferred and delivered to the trustee all her interest in the property described in schedule a attached to this declaration of trust. download the california living trust form which allows you to create a separate entity to hold your chosen assets and property which will continue during your
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