Question

Carla creates a trust to convey her assets to her children. Her brother, Alvin, is placed in charge of making sure the terms of the trust are carried out. In this example, Carla is the ______. Unset starred question Beneficiary Broker Trustee Trustor

Answer 1

Carla is the Trustor.

A trust is established and opened by a trustor. Individuals, married couples, and organizations can all serve as trustees. To protect and distribute their assets, including cash and real estate, trustors collaborate with trustees. A trustee takes up the trustor's fiduciary responsibility.

Trusts are frequently created by trustees for a multitude of causes. The use of trusts enables the transfer of money between family members, the protection of assets, the stability of young children's finances, the reduction of taxes and preferential tax treatment upon death.

Learn more about trustor here:

https://brainly.com/question/942361

#SPJ1