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.

Nov 13, 2023 · Discover what a settlor of trust is in a trust arrangement. Whether new to trust or seeking clarity, this guide breaks it down. We’ll explain the settlor’s crucial role, simplifying complex jargon.

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 .

Jul 30, 2024 · A settlor of a trust is an individual who creates a trust by transferring assets into it and establishing its terms. Find out how they can help your beneficiaries manage your property.

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 handle...

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 .

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