Posts Tagged: precatory trust

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(Legal) Word of the Day: Settlor (AKA Donor or Grantor)

Settlor (or Donor or Grantor) The person who creates a trust is called the settlor (sometimes called the donor or grantor). It is the settlor’s intent which is of paramount importance. It is the intent of the settlor that determines whether a trust has been created. Here’s a great read with a rundown on the… Read more »