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What is a settlor?

What is a settlor? Here are some definitions.

Noun
  1. (law) A person who settles property on express trust for the benefit of beneficiaries.
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The defendant was to be the settlor of the trust, and the plaintiff would be the trustee.
By will or by deed of trust, a testator or settlor places property in trust to provide for his family after he is deceased.
The settlor, having established the trust has no power thereafter to amend.
The courts of equity also will interfere in some cases of defective execution in order to carry out the intentions of the settlor.
If the settlor is to be a beneficiary of the trust, it would normally be a discretionary trust.
Many jurisdictions will look through the trust and tax the settlor or beneficiaries directly.

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