Examples of 'settlor' in a sentence
Meaning of "settlor"
A settlor is a person who creates a trust by transferring assets to the trust for the benefit of the trust's beneficiaries
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- A person who settles property on express trust for the benefit of beneficiaries.
How to use "settlor" in a sentence
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settlor
The settlor is usually the initial trustee.
It turns on the intention of the alleged settlor.
The settlor may also be beneficiary of the trust.
Intention of the settlor to create a trust.
The settlor should not be a beneficiary of the trust.
Trust is governed by the law chosen by the settlor.
Duties when settlor of full age and legal capacity.
When the beneficiary dies before the settlor.
A living trust is created by the settlor during his or her lifetime.
Trustees are initially appointed by the settlor.
The things required to be done by the settlor can not be done by anyone else.
So there is an indirect benefit to the settlor.
A settlor can create an express trust by transferring property to a trustee to hold on trust.
These enable the entrepreneurial settlor to.
The settlor can dictate his or her wishes through a written letter.
See also
The property of the trust returns to the settlor.
The settlor is often the only beneficiary during his or her life.
The good officer is a logical counterpart to the settlor grouping.
The settlor shall be a beneficiary of the capital trust but not of the income trust.
Some require a disability committee to state the settlor is incapacitated.
It will not apply where the settlor declares themselves as the trustee for another.
Certainly he was not named as a settlor.
The next requirement is that the settlor must intend to create a trust.
A testamentary trust is created by a will and arises after the death of the settlor.
Its use is particularly relevant where the settlor of the trust is in difficulty.
O The settlor is the sole beneficiary of the trust.
Taxation of transfer of assets from the settlor to the trust.
A little settlor a tiny Polish vodka to calm the nerves.
Name of deceased settlor.
O The settlor is the sole beneficiary under the trust.
Intent of the settlor.
The Settlor has more flexibility to use or dispose the assets abroad.
Also called a settlor.
The settlor or one of the beneficiaries has his tax domicile in France.
The parties to the trust deed are the settlor and the trustee.
And I can assure you the settlor of the trust is under no criminal investigation.
The death of the testator, who is also the settlor or trustor.
The Settlor of their own.
This confirmation is given by the settlor by entering the PIN code.
The Settlor appointed the Initial Trustees and provided for their mode of appointment and replacement.
Death of a Settlor.
The Settlor can not be the Trustee.
O for an alter ego trust, the settlor while the settlor is alive.
The settlor is often the only beneficiary during his / her life.
However, in most cases the settlor will want to be a beneficiary.
Settlor - generally means the person who set up a trust by contributing property to the trust.
Moreover, the Secretary-General could serve as a settlor if so desired by the parties.
In addition, the settlor will have to pay annual management fees.
Trust is governed by the law chosen by the settlor Article 6.
However, the settlor is specifically excluded.