Louisiana Revised Statutes 9:1761 – Settlor defined
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 9:1761
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
- Trustee: A person or institution holding and administering property in trust.
A settlor is a person who creates a trust. A person who subsequently transfers property to the trustee of an existing trust is not a settlor.