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.

From Washington Times

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.

From Washington Post

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

From New York Times

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

From New York Times

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

From Forbes