settlor
settlor · settlors
A person who settles property on express trust for the benefit of beneficiariesA person who settles property on express trust for the benefit of beneficiaries.
UK/ˈsɛt.lə/US/ˈsɛt.lɚ/
Meaning
1 sensesA person who settles property on express trust for the benefit of beneficiaries.
(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
Origin
From settle + -or.From settle + -or.
Wiktionary, CC BY-SA 4.0 · source