ASC Dictionary

Settlor

The person who establishes a trust and contributes assets or defines the trust arrangement. Some jurisdictions use the term grantor or trust creator.

How to use this page

Use this page to understand the idea, connect it to asset structuring, and continue into the next relevant ASC learning resource.

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Meaning in plain English

The person who establishes a trust and contributes assets or defines the trust arrangement. Some jurisdictions use the term grantor or trust creator.

In ASC, this term is explained as part of a larger asset structuring conversation. The precise legal, tax or regulatory meaning may vary by jurisdiction, so this page is educational and not advice.

Why it matters

Families and advisors often meet this term when they are trying to move from isolated products to a coordinated structure. Knowing the definition helps them ask better questions, identify gaps and see how one concept connects to ownership, governance, liquidity, privacy, reporting or succession.

A useful advisor question

Where does this concept sit inside the client’s full structure, and who is responsible for reviewing it when the family, assets, residence or laws change?

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Definition learning path

Continue from definition to understanding.

Use this term as a doorway into the ASC mini course, insight library and structure dossiers.