Settlor
/ˈsɛtlər/
Definitions
- (n.) A person who creates a trust by transferring property to a trustee for the benefit of beneficiaries.
The settlor established the trust to provide for her children.
Forms
- settlors
Related terms
Commentary
In drafting, clearly identify the settlor to establish the origin of the trust property and intentions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.