More commonly known as abusiness trustor a Massachusetts trust. A business organization for investment purposes by which trustees manage and control property for the benefit of beneficiaries who are protected against personal liability for any losses incurred.
"Common-Law Trust." West's Encyclopedia of American Law. . Encyclopedia.com. (January 23, 2019). https://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/common-law-trust
"Common-Law Trust." West's Encyclopedia of American Law. . Retrieved January 23, 2019 from Encyclopedia.com: https://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/common-law-trust