4 days ago · What Is a Settlor? A settlor is someone who establishes a trust. They're known by several other names: donor, grantor, trustor, and trustmaker.

The meaning of SETTLOR is one that makes a settlement or creates a trust of property.

In trust law, a settlor is a person who settles (i.e. gives into trust) their property for the benefit of the beneficiary. In some legal systems, a settlor is also referred to as a trustor, or occasionally, a grantor or donor.

Mar 4, 2021 · The settlor and grantor are both terms that refer to the person who creates a trust. As part of an estate plan, the settlor/grantor transfers assets into a trust for the future use of their beneficiaries.

The settlor is the party that creates a trust , usually the donor . The settlor transfers legal title in some asset to the trustee . The settlor then provides in the trust instrument how that trust property is to be used for the beneficiaries . In the case of the inter vivos trust , …

Jul 10, 2018 · The Grantor, Settlor, or Trustor of a trust decides how the trust will operate, including: what property to include in the trust, who the beneficiaries will be and how beneficiaries will receive their inheritance.

SETTLOR definition: a person who creates a trust (= legal arrangement to manage the assets of someone else) and puts…. Learn more.

Jun 14, 2024 · The settlor, who is the person creating the trust, may be subject to different tax rules compared to the beneficiary, who is the recipient of the trust's assets.

settlor n. the person who creates a trust by a written trust declaration, called a "Trustor" in many (particularly western) states and sometimes referred to as the "Donor." The settlor usually …

Find the legal definition of SETTLOR from Black's Law Dictionary, 2nd Edition. The grantor or donor In a deed of settlement....