Definition of settlor in English:
A person who makes a settlement, especially of a property.
- The defendant was to be the settlor of the trust, and the plaintiff would be the trustee.
- The settlor, having established the trust has no power thereafter to amend.
- Many jurisdictions will look through the trust and tax the settlor or beneficiaries directly.
Definition of settlor in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in Pakistan