Settlors
/ˈsɛtlərz/
Definitions
- (n.) Individuals who create and transfer property into a trust.
The settlors established the trust to manage their estate.
Forms
- settlor
Related terms
See also
Commentary
The term specifically refers to the party initiating a trust, distinct from trustees or beneficiaries.
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.