settlor (Meaning)
settlor (n)
(law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee
Synonyms & Antonyms of settlor
No Synonyms and anytonyms found
settlor Sentence Examples
- The settlor of the trust, a wealthy philanthropist, established the foundation to support underprivileged communities.
- The settlor's intentions were clearly expressed in the trust deed, which stipulated specific conditions for the distribution of funds.
- The settlor chose a reputable trust company as the trustee to ensure the proper management of the assets.
- The settlor had a close relationship with the beneficiaries of the trust, ensuring that their needs were understood and met.
- The settlor's decision to create the trust was driven by a desire to provide financial security for future generations.
- The settlor retained some control over the trust during their lifetime, reserving the right to modify its terms if necessary.
- The settlor's intent was to create a flexible trust that could adapt to changing circumstances while maintaining its core purpose.
- The settlor consulted with legal experts to ensure that the trust document was legally sound and met all regulatory requirements.
- The settlor's family members were named as beneficiaries of the trust, which was intended to provide financial support and education oportunidades.
- The settlor's foresight and generosity ensured that the trust would continue to benefit its intended recipients for generations to come.
FAQs About the word settlor
(law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property
No synonyms found.
No antonyms found.
The settlor of the trust, a wealthy philanthropist, established the foundation to support underprivileged communities.
The settlor's intentions were clearly expressed in the trust deed, which stipulated specific conditions for the distribution of funds.
The settlor chose a reputable trust company as the trustee to ensure the proper management of the assets.
The settlor had a close relationship with the beneficiaries of the trust, ensuring that their needs were understood and met.
