Nov 13, 2023 · A settlor, sometimes called a grantor or trustor, is the person who kicks off a trust. They do this by putting their assets, like money or property, into the trust and spelling out the rules for how it should work in a legal document.

Apr 11, 2025 · 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.

Jan 1, 2025 · What Is a Settlor in a Revocable Trust? Settlors initiate and fund revocable trusts, crucial for asset distribution without probate. They must manage trust assets, define rules, and …

Sep 29, 2020 · Many trusts refer to “grantors” and “settlors” and “trustors,” and you may wonder what role these play in your estate planning. The good news is that the basics are very simple: these are actually interchangeable terms. Essentially, these terms refer to the entity or person who created the 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.

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 , …

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