Settlor
Definition, Meaning & Examples
Pronunciation /ˈsɛt.lɚ/ · Part of speech noun
Quick meaning: Settlor is a noun meaning (trust law) A person who settles property on express trust for the benefit of beneficiaries.
Meaning
(trust law) A person who settles property on express trust for the benefit of beneficiaries.
Example Sentences
Once the trust deed is drawn up and the asset transferred to the trustee, the settlor no longer owns the asset; his personal creditors therefore cannot seize it to satisfy their claims. […]
Word Forms
- settlors
Synonyms for settlor
Depending on context, synonyms include trustor, grantor, donor.
Related Words
Related dictionary entries include trustee, grantor, transferor, sponsor, petitioner, proposer.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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