Definition

1. Noun:
   • A person or entity that makes a grant: In legal and formal contexts, a grantor is an individual or organization that transfers property, rights, or funds to another party (the grantee) through a legal instrument such as a deed, trust, or contract.

Examples of Usage

• Noun:
  • The grantor signed the deed to transfer ownership of the house.
  • In a trust agreement, the grantor provides the assets that will be managed for the beneficiary.

Advanced Usage

• "Grantor of a trust": The person who creates and funds a trust.
  • As the grantor of the trust, she specified how the funds should be distributed.
• "Grantor-retained interest": A legal arrangement where the grantor keeps certain rights, like income from the property, for a period.
  • The estate plan included a grantor-retained annuity trust.

Variants and Related Words

• Grant (verb/noun): To give or confer formally; the thing given.
  • The foundation will grant funds for the research.
• Grantee (noun): The person or entity who receives a grant.
  • The grantee is responsible for using the funds as specified.

Synonyms

• Donor: A person who gives something, especially to a charity or cause.
• Conveyor/Transferor: A person who legally transfers property to another.
• Settlor: A person who creates a trust (a specific type of grantor).

Related Phrases

• "Grantor trust": A trust where the grantor retains control over or benefits from the assets, with specific tax implications.
  • The attorney advised on the tax rules for a grantor trust.

Noun

1. a person who makes a grant in legal form
   • conveyed from grantor to grantee