settlor
IPA: sˈɛtɫɝ
noun
- (trust law) A person who settles property on express trust for the benefit of beneficiaries.
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Examples of "settlor" in Sentences
- The settlor established a trust fund for his grandchildren's education
- The settlor's wishes were clearly outlined in the trust document
- As the settlor of the estate, she had the authority to appoint beneficiaries
- The settlor's assets were transferred to the trust upon his death
- The settlor designated his son as the trustee of the estate
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