Who is the person who maintains the trust property and makes distributions to the beneficiaries according to the terms of the trust?

• A. Beneficiary
• B. Trustee
• C. Grantor
• D. Testator

Answer: (B)

The trustee is the person who maintains the trust property and makes distributions to the beneficiaries according to the terms of the trust. The trustee holds the legal title to the trust assets, manages and invests them, keeps records, and distributes assets to beneficiaries as specified by the trust document. This role is fiduciary in nature, requiring loyalty, prudence, and adherence to the trust’s instructions.

A beneficiary is the person who benefits from the trust, receiving distributions but not managing the assets. The grantor (or settlor) is the person who creates and funds the trust, and may or may not serve as trustee. The testator is the person who makes a will.