May
16
Offshore terms: The settler
Filed Under Uncategorized Tags: offshore terms, the settler —
The settlor is the person who gives away their assets by transferring the legal ownership to the trustee. The settlor also arranges the trust deed to leave the distribution of the benefits of the trust to the trustee or clearly defines how the benefits should be distributed.
One who took up residence on, and transferring the legal ownership. The term was used for people who settledownership.
