Trust (law) USA
... the trust is called variously the trustor, settlor, grantor, donor, or creator. This dual title ... typically serve gratis when part of the settlor's family or the settlor him/herself. Ever fewer American banks serve ... deal with circumstances not imaginable by the settlor at the time the trust was created ... something of value is transferred from the settlor to the trustee. Thus, the signing ...
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Trust (law) non-USA
... arises where some person, known as a settlor, deliberately and consciously decides to create a ... the trustee holding the property for the settlor absolutely (see bare trusts, below) or, if the settlor has died, then for the settlor's estate. A constructive trust arises where ... Inter vivos trusts are made by a settlor who is alive - usually by means ...
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Trusts (conflict)
... or on death, by a person, the settlor, when assets have been placed under the ... him by law. The reservation by the settlor of certain rights and powers, and the ... The applicable law Article 6 allows the settlor to select the applicable law in the ... or testamentary document. Under normal circumstances, the settlor will be acting on professional advice and ... But, under Actable 6(2), if the settlor selects a law with no relevant ...
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Totten trust
... of trust created where one party (the settlor of the trust) places money in a ... bank account with instructions that upon the settlor's death, whatever is in that bank ... be revoked at any time by the settlor, either by closing the account or by ... be reached by the creditors of the settlor during the settlor's life. If the intended beneficiary ...
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Special needs trust
... discretionary trust for the benefit of the settlor and still allow the settlor to qualify for Medicaid’s long-term nursing ... only for the support needs of the settlor-beneficiary which the government did not pay ... an available asset which can disqualify the settlor-beneficiary from Medicaid. 42 U.S.C ... can be revocable by the third-party settlor. This means that a parent can ...
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Spendthrift trust
... is sometimes called the "trustor," "grantor," or "settlor" of the trust. A trust often will ... the Texas Property Code provides: (a) A settlor may provide in the terms of the ... example, Texas law provides: (d) If the settlor is also a beneficiary of the trust ... deemed to be a "creator" (i.e., settlor, grantor, or trustor), not merely the person ...
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Living trust
... sets up the trust; also called the settlor. Trustee this is the person who will ... trust assets. This also may be the settlor in a Revocable Living Trust, since the settlor wants to manage his or her own ...
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S660A
... seeks to prevent someone (known as the "settlor") from avoiding tax by reclassifying their income ... at the beneficiary’s lower rate although the settlor continues to benefit from it. The legilsation ...
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Trast   (translated from Greek)
... They need three parts for the agreement: settlor, that gives the asset to profit of ...
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Wikimir:Requested articles/list of missing legal terms
... Separation agreement - Sergeantry - Service contract - Servient estate - Settlor - Severable contract - Several liability - Share and share ...
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