Definition of settlor in English:

settlor

noun

Law
  • A person who makes a settlement, especially of property in establishing a trust.

    • ‘Many jurisdictions will look through the trust and tax the settlor or beneficiaries directly.’
    • ‘Paragraph 91 of the Trust prohibits the settlor from ever participating in the capital of the Trust.’
    • ‘The settlor, having established the trust has no power thereafter to amend.’
    • ‘The defendant was to be the settlor of the trust, and the plaintiff would be the trustee.’
    • ‘Accordingly any benefits derived by the settlor were not derived from the interests given.’

Pronunciation

settlor

/ˈsɛtlə/