Examlex
Identify/define and explain the significance of the following: Dürer.
Trustor
An individual or entity that creates a trust by transferring assets to a trustee, who manages the assets for the benefit of a third party, the beneficiary.
Fiduciary
A person or organization that acts on behalf of another individual or individuals, managing assets for their benefit with a duty to act in their best interest.
Ultimate Recipient
The final beneficiary or entity that receives funds or benefits, often in the context of grants or financial transactions.
Demonstrative Legacy
A gift of a specific amount of money or property to be given to a designated beneficiary from a particular source or asset.
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