The Living Trust Team

There are three separate positions on the living trust team and typically, the individual creating the living trust will initially serve in all three positions. The three positions on the trust team are the grantor, the trustee and the beneficiary.

The grantor is the individual who creates the trust and sets forth the instructions in the trust and determines who is to ultimately receive the assets upon the grantor’s passing.

The trustee is the individual responsible for carrying out the terms contained in the trust. When a grantor creates a living trust, the grantor will typically name him or herself as the initial trustee. The grantor will also name a successor trustee to manage and distribute the assets upon the grantor’s disability or death. The successor trustee has a fiduciary responsibility to carry out the terms of the trust.

The last position on the trust team is that of the beneficiary. The beneficiary is the individual who benefits from the assets in the trust. The grantor also typically names him or herself as the initial beneficiary of the trust.

When an individual creates a living trust, the individual initially occupies all three positions; the individual creates the trust as the grantor, manages the trust assets as the trustee and is the initial beneficiary of the assets. Upon the grantor’s passing, the successor trustee assumes the responsibility for carrying out the terms of the trust and for transferring the assets of the trust to the ultimate beneficiaries pursuant to the terms set forth in the trust instrument.

The creation of a living trust and the transfer of assets into the trust do not result in a separate tax return being filed – all the income is still reported on the same IRS Form 1040. A living trust is revocable by the grantor and it can be changed or amended at any time, as long as the grantor has the requisite mental capacity required to amend the trust.

Our attorneys offer a Complimentary Consultation to learn about your specific circumstances, answer your questions and provide you with a recommended action plan for your specific needs.  There is no obligation and no cost.

Request A Consultation

Want to schedule a time to speak with an attorney? Great, we would love to meet you.

Request an Appointment

Follow Us

We invite you to follow us on social media:


icon facebook

icon linkedin

icon youtube

Office Location

Gregory E. Robinson, P.C.
1422 Elbridge Payne Rd
Suite #170
Chesterfield, MO 63017
TEL: 636-532-9500


The choice of a lawyer is an important decision and should not be based solely on advertisements. Neither the Supreme Court of Missouri nor The Missouri Bar reviews or approves certifying organizations or specialist designations.

The information presented in this website by Gregory E. Robinson, P.C. is intended as general information and is not legal advice. You should contact an attorney to learn how the law applies to your specific situation. We welcome your phone calls as well as electronic inquiries.

Use of this web site, communicating through this web site or use of electronic email does not create an attorney-client relationship. Email is not a secure form of communication, please do not send confidential or sensitive information.

The information in this web site is not guaranteed to be correct, complete, or current. We make no warranty, expressed or implied, about the accuracy or reliability of the information at this website or at any other website to which this site is linked.

Images on the site include simulated portrayals of lawyers, clients, scenes and events.

The copyrights in all text, images, screens and other materials provided on this Site are owned by Gregory E. Robinson, P.C., and/or by third parties.