settlor

[set-ler, -l-er]

noun

Law.

1. a person who makes a settlement of property.

settlor

/ ˈsɛtlə /

noun

1. law a person who settles property on someone

Word History and Origins

Origin of settlor¹

First recorded in 1810–20; settle ¹ + -or ²

Example Sentences

Mr. Trump’s lawyers argue that under Florida law, revealing a settlor’s revocable trust while they are still alive violates a right to privacy guaranteed under the state constitution.

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A trust is an agreement typically involving three parties: A settlor places something valuable in the care of a trustee for the benefit of a beneficiary.

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Oesterlund was listed as the “settlor,” the person who “donates” property to a trust.

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Plan sponsors, therefore, wear two hats: one as a settlor; another as a fiduciary.

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Here, most trusts are irrevocable and are not self-settled, i.e., the settlor is not also a beneficiary of the trust.

Read more on Forbes