settlor meaning

UK US

settlor (noun): (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee.

Definition of settlor

  1. (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee

    Synonyms: trustor

    Type of: donor

Scrabble score: 7 (letter breakdown)

Word lists: words starting with SE · words ending in OR · 7-letter words

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