The person creating the living trust generally known as the Settlor or Trustor (these are synonymous). The Settlor appoints a Trustee to manage the Trust assets. The Trusee holds legal title to property for the main of another, also called the Assignee. Although the Beneficiary does not own legal title towards property, they she is claimed to own beneficial company name. So you can imagine that the Trustee can't do anything the brand new property it does not necessarily benefit the Beneficiary, ...