settlor

settlor
set·tlor /'set-ˌlȯr, 'set-əl-ˌȯr/ n: a person who creates a trust compare beneficiary a, trustee 2a

Merriam-Webster’s Dictionary of Law. . 1996.

settlor
n.
A person who creates a trust; a person who gives property to someone; see also donor

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


settlor
The person who creates a trust by a written trust declaration. Called a "trustor" in many (particularly western) states and is sometimes referred to as a "grantor" or "donor." The settlor usually transfers the original assets into the trust. Compare: grantor
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

settlor
A person who sets up a trust and settles or transfers the trust property on or to the trustees for the benefit of the beneficiaries.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


settlor
n. Someone who creates a trust by making a settlement of property, real or personal.
See also donor, trustor.

Webster's New World Law Dictionary. . 2000.


settlor
One who establishes a trust—a right of property, real or personal—held and administered by a trustee for the benefit of another.

Dictionary from West's Encyclopedia of American Law. 2005.


settlor
I
One who establishes a trust—a right of property, real or personal—held and administered by a trustee for the benefit of another.
 II The person who sets up a trust. Also referred to as "grantor."

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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 transfers the original assets into the trust.
   See also: trust, trustor

Law dictionary. . 2013.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • settlor — set‧tlor [ˈsetlə ǁ ər] noun [countable] LAW a person who gives property or goods to someone under an agreement, especially a will (= a statement saying who you want to have your property and money after you die): • It is important that settlors… …   Financial and business terms

  • settlor — [set′lər] n. Law 1. a person who makes a settlement of property 2. a person who creates a trust by conveying property to a trustee; trustor …   English World dictionary

  • Settlor — In law a settlor is a person who settles property on express trust for the benefit of beneficiaries. In some legal systems, a settlor is also referred to as a trustor, or occasionally, a grantor or donor. [In common law legal systems outside of… …   Wikipedia

  • settlor — A person declaring or creating a settlement or trust For tax purposes any person providing money or property for a settlement will be regarded as the settlor …   Big dictionary of business and management

  • settlor — noun Date: 1818 one that makes a settlement or creates a trust of property …   New Collegiate Dictionary

  • settlor — /set leuhr, l euhr/, n. Law. a person who makes a settlement of property. [1810 20; SETTLE1 + OR2] * * * …   Universalium

  • settlor — noun A person who settles property on express trust for the benefit of beneficiaries. Syn: trustor, grantor, donor …   Wiktionary

  • settlor — set·tlor || setlÉ™(r) n. person who makes property settlements (Law) …   English contemporary dictionary

  • settlor — [ sɛtlə] noun Law a person who makes a settlement, especially of property in establishing a trust …   English new terms dictionary

  • settlor — set·tlor …   English syllables

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”