Definition

A person who creates a trust by placing their property into it for the benefit of others.

Example

The settlor decided to establish a trust to manage their estate for their children.

Conversation

I learned that a settlor is someone who creates a trust for their assets.

Oh, that makes sense! So they basically set the rules for how their property is handled.

Exactly! The settlor decides who benefits from the trust and how it works.

Got it! That sounds like an important role in estate planning.

Synonyms & Antonyms

Root Explanation

Settlor → The word is formed from "settle" (from Old French *setler*, meaning to place or establish) and the suffix "-or" (meaning one who). A settlor is one who establishes or places a trust or settlement.

Memory Tip

Think of someone who 'places' or 'establishes' something — that's what a settlor does.

Visually Confused Words