Definition of settlor in English:
A person who makes a settlement, especially of property in establishing a trust.
- 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.
Words that rhyme with settlorfettler, settler
Definition of settlor in:
- US 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.