: one that makes a settlement or creates a trust of property
Examples of settlor in a Sentence
Recent Examples on the WebFirst, that will require that the trust expressly prohibit trust income being used to pay for life insurance premiums on your life as the settlor of the trust.
Martin Shenkman, Forbes, 17 Sep. 2021 Review grantor trusts for the potential benefits of swapping appreciated assets into the settlor's estate to gain a basis step-up on death.
Martin Shenkman, Forbes, 23 June 2021 Trusts originated in England during the Crusades, to hold the assets of one person (called the settlor) by another person (the trustee) for the benefit of a third (the beneficiary).
Robin Kaiser-schatzlein, The New Republic, 22 June 2021 The trustees are puppets; the settlor still controls the asset in practice.
Nicholas Confessore, New York Times, 30 Nov. 2016
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'settlor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.