In regards to a trust, what is a settlor?

The settlor of a trust is the person who actually creates the trust. In other words, if you created a trust, you would be considered the settlor. Other terms synonymous with settlor include trustor, creator, grantor and trust maker. The settlor not only sets up the trust, but also names the beneficiaries. Other responsibilities include naming the trustees and choosing which property will be transferred to the trust.

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