set·​tlor ˈset-ˌlȯr How to pronounce settlor (audio)
: one that makes a settlement or creates a trust of property

Examples of settlor in a Sentence

Recent Examples on the Web This capability safeguards the integrity and purpose of the trust as envisioned by the settlor. Matthew Erskine, Forbes, 16 Feb. 2024 These powers and responsibilities highlight the role of a Trust Protector as a guardian of the trust's purpose and as a mediator between the intentions of the settlor, the administration by the trustees, and the needs of the beneficiaries. Matthew Erskine, Forbes, 16 Feb. 2024 If that is a case then a distribution may be made to the settlor (you) to thereby assist the settlor in defraying the tax costs from bearing the tax burden on trust income. Martin Shenkman, Forbes, 6 Feb. 2023 The reason the settlor creating this trust broadened this power to include not just the beneficiaries descendants (which some powers of appointment do) but any descendants of the grantor, the father of the beneficiary, was that the beneficiary is currently in her 20’s and has no children. Martin Shenkman, Forbes, 11 July 2022 The settlor has given them away. Washington Post, 4 Oct. 2021 Recognizing the difficulty of delineating which expenses of the spouse beneficiary are those of that spouse beneficiary versus those of the settlor spouse, the Trustee and the spouse beneficiary agree to the following reimbursement provision. Martin Shenkman, Forbes, 12 Dec. 2021 Moreover, when the settlor dies, any spendthrift provisions in the trust will be respected — just like any other trust — to protect the trust assets from the creditors of beneficiaries. Jay Adkisson, Forbes, 11 July 2022 The settlor of an NFA Trust may be a trustee and may appoint other persons over the age of 18 as trustees, which allows anyone listed as a trustee to legally possess the firearm(s) as trust property. Alan Gassman, Forbes, 24 June 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'settlor.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1818, in the meaning defined above

Time Traveler
The first known use of settlor was in 1818

Dictionary Entries Near settlor

Cite this Entry

“Settlor.” Dictionary, Merriam-Webster, Accessed 19 May. 2024.

Legal Definition


: a person who creates a trust compare beneficiary sense a, trustee sense 2a

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