settlor
Trust's original founder
A settlor is the person who creates and funds a trust, transferring assets to be managed by a trustee for the benefit of designated beneficiaries.
The term is primarily used in legal and estate planning contexts, where it may also appear as *grantor* or *trustor* depending on jurisdiction.
The settlor specified that her grandchildren would receive distributions upon reaching age twenty-five.
Once assets are placed in an irrevocable trust, the settlor typically relinquishes control over them.
One who transfers rights
- trustorTrust agreement maker
- trust instrumentLegal arrangement holding assets for beneficiaries
- revocableAble to be canceled
- irrevocableCannot be undone
testamentary · living trust · charitable trust · blind trust · trust deed · protector · wealth transfer · succession planning
Preparing asset distribution posthumously
- inheritanceProperty received from ancestors
- bequestGift left by will
- legacyWhat's passed down
- patrimonyInherited estate or legacy
donor · gift · endowment · will · testament · probate · death duties · estate tax
Assembled written works
- trust fundAssets held for another
- principalChief school administrator
- holdingsProperty one owns
- investmentsAssets bought for profit
portfolio · capital · real property · personal property · intangibles · securities · transfer · funding
Ability to hold rights
- intentPlanned purpose
- jurisprudencePhilosophy governing legal systems
- legal entityOrganization with rights
- conveyanceTransfer of property rights
common law · equity · fiduciary duty · good faith · variation · revocation · amendment · situs
Designated asset receiver
- heirOne who receives legacy
- legateeRecipient of bequest
- deviseeBeneficiary of bequeathed property
- vested interestPersonal stake in outcome
class gift · per stirpes · next of kin · descendant · successor
grantor
One who transfers rights
- trustorTrust agreement maker
- trust instrumentLegal arrangement holding assets for beneficiaries
- revocableAble to be canceled
irrevocable · testamentary · living trust · charitable trust · blind trust · trust deed · protector · wealth transfer · succession planning · foundation
estate planning
Preparing asset distribution posthumously
- inheritanceProperty received from ancestors
- bequestGift left by will
- legacyWhat's passed down
patrimony · donor · gift · endowment · will · testament · probate · death duties · estate tax · pour-over
corpus
Assembled written works
- trust fundAssets held for another
- principalChief school administrator
- holdingsProperty one owns
investments · portfolio · capital · real property · personal property · intangibles · securities · transfer · funding · contribution
legal capacity
Ability to hold rights
- intentPlanned purpose
- jurisprudencePhilosophy governing legal systems
- legal entityOrganization with rights
conveyance · common law · equity · fiduciary duty · good faith · variation · revocation · amendment · situs
beneficiary
Designated asset receiver
vested interest · class gift · per stirpes · next of kin · descendant · successor
- contract partiesparty, counterparty, signatory, buyer, seller
- estate planningexecutor, trust, beneficiary, will, probate
- equity lawchancery, injunction, injunctions, subrogation, fiduciary duty
- legal relationsprivity, obligation, agency, subrogation, indemnity
- truststrust fund, trusts, trust deed, trustee, trustees
- charitable givingcharitable gift, charitable gifts, donation, donations, contribution
settlorbeneficiary
Designated asset receiver
recipient · grantee · donee · transferee · heir
- settle downBecome calm or established
- settled downBecame calm or stationary
- settling downBecoming stable and rooted
- settle forAccept reluctantly as sufficient
- settle inBecome comfortably established
- settling inBecoming established somewhere
settle, settled, settlement, settling, settler, unsettled, unsettling, unsettle, settles