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settlor

Syllabification: set·tlor
Pronunciation: /ˈsetl-ər, ˈsetlər
 
/

Definition of settlor in English:

noun

Law
A person who makes a settlement, especially of a property.
Example sentences
  • 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:

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