settlor
English
Noun
settlor (plural settlors)
- (trust law) A person who settles property on express trust for the benefit of beneficiaries.
- 2020, Katharina Pistor, “2: Coding Land”, in The Code of Capital […] , Princeton University Press, →ISBN:
- Once the trust deed is drawn up and the asset transferred to the trustee, the settlor no longer owns the asset; his personal creditors therefore cannot seize it to satisfy their claims. […]
-
See also
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.