MLchartDataset catalogue

Settlor

Term · Law · MLC-T-LAW-004507

An individual who creates a trust by transferring assets to a trustee for the benefit of designated beneficiaries. The settlor defines the terms and conditions under which the trust assets are to be managed and distributed. This person is also sometimes referred to as the grantor or trustor.

Table 1. Record
IdentifierMLC-T-LAW-004507
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004507",
  "term": "Settlor",
  "field": "Law",
  "definition": "An individual who creates a trust by transferring assets to a trustee for the benefit of designated beneficiaries. The settlor defines the terms and conditions under which the trust assets are to be managed and distributed. This person is also sometimes referred to as the grantor or trustor.",
  "url": "https://mlchart.com/terminology/law/settlor/"
}

Record 4,585 of 5,441 in Law terminology (MLC-0107). Request the full dataset.