Grantor or Settlor
The person who establishes the trust.
Guardian
A person who is eighteen years of age or older, a corporation, or a public agency, including a local department of social services, appointed by the supreme court, the surrogate's court, or the county court to act on behalf of an incapacitated person in providing for personal needs and/or for property management.
Inter vivos
Trust established by the grantor during her/his lifetime.
Jointly owned property
When two or more people jointly own property, and one of the owners die, the remaining owner(s) becomes the sole owner of the property. This is the right of survivorship.
Least Restrictive Form Of Intervention
The provision of services to meet the individual's needs in a manner which least interferes with the individual's normal day-to-day activities.
Luxuries Trust
A trust that supplements rather than replaces government aid. This is another name for a supplemental needs trust and is sometimes also referred to as an Escher or special needs trust.
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