MLchartDataset catalogue

Donor

Term · Law · MLC-T-LAW-001739

A person or entity that voluntarily transfers property or confers a power to another without receiving consideration. In trust law, the donor is the person who creates the trust, also known as the settlor or grantor. The legal capacity to make a gift requires that the donor understands the nature of the act and its effect on their estate.

Table 1. Record
IdentifierMLC-T-LAW-001739
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001739",
  "term": "Donor",
  "field": "Law",
  "definition": "A person or entity that voluntarily transfers property or confers a power to another without receiving consideration. In trust law, the donor is the person who creates the trust, also known as the settlor or grantor. The legal capacity to make a gift requires that the donor understands the nature of the act and its effect on their estate.",
  "url": "https://mlchart.com/terminology/law/donor/"
}

Record 1,621 of 5,441 in Law terminology (MLC-0107). Request the full dataset.