Trust Glossary
Trust Glossary
Trust Glossary – Plain-English Definitions for Every Major Trust Term
by Ann LeFlore
Trust law runs on its own vocabulary — and most people encounter that vocabulary for the first time exactly when they can least afford to be confused: reading a trust document, talking to an attorney, or stepping into the role of trustee or beneficiary.
This glossary puts the essential terms in one place, with clear, direct definitions — not legal jargon repeated back at you. It covers the structures (revocable, irrevocable, bypass, QTIP, special needs, dynasty, and more), the people (grantor, trustee, beneficiary, trust protector), the processes (funding, administration, distribution, probate), and the tax concepts (estate tax, GST tax, portability, Crummey power) that come up again and again in trust planning and administration.
PDF: $4.98
What's Inside
- Section A–B — Accumulation Trust, Administration, Amendment, Asset Protection Trust, Beneficiary
- Section C–D — Bypass Trust, Charitable Remainder & Lead Trusts, Co-Trustee, Contingent Beneficiary, Corpus, Credit Shelter Trust, Crummey Power, Deemed Disposition, Discretionary Trust
- Section D–E — Distribution, Durable Power of Attorney, Dynasty Trust, Estate Tax, Executor
- Section F–G — Fiduciary, Funding, Generation-Skipping Trust, Grantor, Grantor Trust
- Section I–L — Irrevocable Trust, Inter Vivos Trust, Living Trust
- Section P — Per Stirpes, Portability, Pour-Over Will, Principal, Probate, Prudent Investor Standard
- Section Q–S — QTIP Trust, Remainder Beneficiary, Revocable Trust, Settlor, Special Needs Trust, Spendthrift Provision, Successor Trustee
- Section T–W — Testamentary Trust, Trust Agreement, Trust Protector, Trustee, Uniform Trust Code, Wealth Transfer Tax
Product Description
The Trust Glossary by Ann LeFlore is an introductory reference covering the terms you’ll encounter most often in U.S. trust planning and administration. Each entry pairs a short, scannable summary line with a clear, direct definition — built for people who want to actually understand the law, not just memorize a term.
It’s designed to be used alongside trust documents, attorney conversations, or other planning materials: when an unfamiliar term comes up, you look it up here and get a straight answer instead of a tangle of statutory cross-references. Each term is explored in far greater depth — with full legal analysis, statutory context, and case law — in Ann LeFlore’s Trust Glossary book series, available separately.
Product Details
Title: Trust Glossary
Author: Ann LeFlore
Format: Digital Download / Educational Reference
Category: Trust Terminology, Trust Administration, Estate Planning
Pages: 12
Ideal For: Trust beneficiaries, trustees, grantors, and anyone reading or working with a trust document for the first time
Delivery: Instant access upon purchase
Usage: Personal educational use
Disclaimer
This glossary is provided for educational and informational purposes only. It does not constitute legal advice and does not create an attorney-client relationship. Trust law varies significantly by state, and terms may carry different meanings or requirements depending on jurisdiction and the specific terms of an individual trust. If you have questions about a specific trust or its administration, consult a qualified trust attorney in your state. All content is the exclusive property of Ann LeFlore On Trusts; reproduction without written permission is prohibited.