Definitions the Trust Clause Samples

The "Definitions; The Trust" clause establishes the specific meanings of key terms used throughout the trust agreement and formally identifies the trust being created. This clause typically lists and clarifies important concepts such as the names of the trust, the settlor, the trustee, beneficiaries, and other relevant terms, ensuring that all parties have a shared understanding of these elements. By providing clear definitions and formally designating the trust, this clause eliminates ambiguity and helps prevent disputes over interpretation during the administration of the trust.