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What is the Role of a Settlor?

A person who has been named as Settlor in a discretionary trust only has one duty to undertake,  he/she makes a gift of the “settled sum”, usually a nominal amount paid by cheque, once the Deed has been signed by…

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What is a Settlor?

A person who makes a gift (AKA “settlement”) of money under a Deed is the usual way to establish a discretionary trust.  The gifter of the money (“settlement”) is called the “Settlor” & the money gift the “settled sum”. The…

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