Settlor means a person, including a testator, who creates, or contributes property to, a trust. If more than one person creates or contributes property to a trust, each person is a settlor of the portion of the trust property attributable to that person's contribution except to the extent another person has the power to revoke or withdraw that portion.
Settlor means that term as defined in section 7103 of the estates and protected individuals code, 1998 PA 386, MCL 700.7103.
Settlor shall have the meaning defined in the preamble hereto.
Examples of Settlor in a sentence
The Trustor or Settlor of this trust is , an Individual, residing at , , Georgia .
More Definitions of Settlor
Settlor means a person who provides trust property or makes a testamentary disposition on trust or to a trust;
Settlor means VCI, as settlor under the Origination Trust Agreement.
Settlor means a person, including a testator, who creates, or
Settlor means a person, including a testator, who creates, or contributes property
Settlor means a person, including a testator, who
Settlor means a person, including a testator, who creates a trust.
Settlor means the same as that term is defined in Section 75-7-103.