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One who creates a trust of property
Answer for the clue "One who creates a trust of property ", 7 letters:
settlor
Alternative clues for the word settlor
Word definitions for settlor in dictionaries
Wikipedia
Word definitions in Wikipedia
In law a settlor is a person who settles property on trust law for the benefit of beneficiaries. In some legal systems, a settlor is also referred to as a trustor , or occasionally, a grantor or donor . Where the trust is a testamentary trust , the settlor ...
Wiktionary
Word definitions in Wiktionary
n. (context legal English) A person who settles property on express trust for the benefit of beneficiary.
Usage examples of settlor.
He lives in Sark and owns a hotel there, and the Edelweiss outfit always use him when they need a Sark resident to be a settlor or a director or anything like that.
I quite appreciate that the descendants of Sir Walter Palgrave, if of a mercenary disposition, would wish to ensure that the identity of the settlor was never discovered and that the trust company was therefore unable to exercise its discretion in accordance with his wishes.
State of the creator of a trust was held competent to levy an inheritance tax, upon the death of the settlor, on his trust fund consisting of stocks, bonds, and notes kept and administered in another State and as to which the settlor reserved the right to control disposition and to direct payment of income for life, such reserved powers being equivalent to a fee.