A trust has three interested parties. The _grantor_ establishes and funds the trust. The _beneficiary_ benefits from the assets inside the trust. The _trustee_

A trust has three interested parties. The _grantor_ establishes and funds the trust. The _beneficiary_ benefits from the assets inside the trust. The _trustee_ administers the trust and has a fiduciary responsibility to the beneficiary. Depending on the trust two or more of these may be the same person or people. Different types of trusts have different tax and legal treatments. To my limited understanding of US trust law, the term "executor" is typically reserved for estates rather than trusts, but maybe some states use that terminology?