Because a testator or the settlor of a trust is not a state actor, there are no constitutional dimensions to his choice of beneficiaries.    From Wordnik.com.  [The Volokh Conspiracy » Enforcing Trusts That Exclude Family Members Who Marry Non-Jews:] Reference

However, as the settlor no longer owned the asset, who did?.    From Wordnik.com.  [Steering the IHT ship - IFAonline] Reference

Often the settlor may wish to 'carve out' an interest in the asset.    From Wordnik.com.  [Locking your money away in different trusts - IFAonline] Reference

Meantime more fascinating information emerges on the trustees and settlor.    From Wordnik.com.  [Kiwiblog] Reference

An express trust is one which is created by the direct words of the settlor.    From Wordnik.com.  [The Catholic Encyclopedia, Volume 15: Tournely-Zwirner] Reference

Initially, the settlor must not be considered domicile or deemed domicile in the UK.    From Wordnik.com.  [Understanding excluded property trusts - IFAonline] Reference

IHT to pay on the chargeable transfer if the settlor died within the seven year period.    From Wordnik.com.  [Presenting gifts - IFAonline] Reference

If the settlor died within seven years from the date the trust is created, there is no.    From Wordnik.com.  [Presenting gifts - IFAonline] Reference

Also, as the settlor is non-UK domicile at the time the gift into trust is made, then no.    From Wordnik.com.  [Understanding excluded property trusts - IFAonline] Reference

The second condition requires that the assets of the settlor must be situated outside the.    From Wordnik.com.  [Understanding excluded property trusts - IFAonline] Reference

He argued that the duty to diversify investments cannot be entirely waived by the settlor.    From Wordnik.com.  [Jotwell] Reference

As such, he argues, a settlor should be permitted to fully negate the duty in the instrument.    From Wordnik.com.  [Jotwell] Reference

If the settlor uses a discounted gift scheme, the chargeable transfer is the discounted amount.    From Wordnik.com.  [Steering the IHT ship - IFAonline] Reference

Trusts work by allowing the settlor to entrust their assets to a group of people - the trustees.    From Wordnik.com.  [Knowledge is key - IFAonline] Reference

As a general rule, the trustee is appointed by the settlor and provision made for his successors.    From Wordnik.com.  [The Catholic Encyclopedia, Volume 15: Tournely-Zwirner] Reference

If a settlor survives for seven years, the chargeable transfer drops out of his/her cumulation period.    From Wordnik.com.  [Presenting gifts - IFAonline] Reference

Providing the settlor survives seven years after the transfer is made, there will be no IHT charges on death.    From Wordnik.com.  [Easing the IHT burden - IFAonline] Reference

If the settlor is either domicile or deemed domicile they will be subject to the IHT rules under UK tax laws.    From Wordnik.com.  [Understanding excluded property trusts - IFAonline] Reference

The court examines the criteria for demonstrating testamentary capacity and the capacity for a settlor of a trust.    From Wordnik.com.  [Delaware Corporate and Commercial Litigation Blog] Reference

However, the UPIA is a default statute and therefore appears to contemplate that the settlor may negate this duty.    From Wordnik.com.  [Jotwell] Reference

If the settlor does not use a trust, the policy proceeds will form part of their estate on death and be liable to IHT.    From Wordnik.com.  [Knowledge is key - IFAonline] Reference

However, initially the most influential party in the arrangement will be the individual creating the trust - the settlor.    From Wordnik.com.  [Locking your money away in different trusts - IFAonline] Reference

This highlights the need for clear instructions from the settlor and careful consideration on the appointment of trustees.    From Wordnik.com.  [Locking your money away in different trusts - IFAonline] Reference

It is sometimes said that the powers of protectors are really all about retention of settlor influence if not control.    From Wordnik.com.  [Mondaq.Com - feed of articles] Reference

However, they are differentiated by the beneficiaries and what rights, if any, are retained by the settlor under the trust.    From Wordnik.com.  [Locking your money away in different trusts - IFAonline] Reference

Care needs to be taken if you are using DGTs based on contracts that cannot be surrendered during the lifetime of the settlor.    From Wordnik.com.  [DGTs are the popular choice for IHT planning - IFAonline] Reference

By writing a life assurance policy into trust, the proceeds become payable to the trust when the settlor dies and IHT is avoided.    From Wordnik.com.  [Knowledge is key - IFAonline] Reference

The trust form would have also had a blank box, where the settlor would specify who they wanted to have the interest in possession.    From Wordnik.com.  [Steering the IHT ship - IFAonline] Reference

Providing the trust value minus those settlor rights does not exceed the available nil rate band, there will be no periodic charge.    From Wordnik.com.  [The evolution of IHT - IFAonline] Reference

Double taxation could also apply if the settlor of the trust dies within seven years of making the potentially exempt transfer (PET).    From Wordnik.com.  [Keeping up with the changes - IFAonline] Reference

From the outset, each beneficiary has a precisely defined share of the trust property that the trustees or the settlor can never change.    From Wordnik.com.  [Knowledge is key - IFAonline] Reference

This kind of trust is most suitable for individuals who can afford to gift away capital as the settlor will be totally excluded from benefit.    From Wordnik.com.  [Presenting gifts - IFAonline] Reference

This means the younger the settlor, assuming he/she is in good health, the longer the requirement for income, therefore the greater the discount.    From Wordnik.com.  [Cash clinic - IFAonline] Reference

Equally, at the ten-year point, it is possible to revalue the trust without the need for underwriting, providing the settlor was underwritten at the outset.    From Wordnik.com.  [It's all part and parcel of inheritance tax - IFAonline] Reference

A Gift Trust represents the simplest form of IHT planning in that the settlor passes property by way of a gift, to the trustees for the benefit of chosen beneficiaries.    From Wordnik.com.  [Presenting gifts - IFAonline] Reference

However, the introduction of Pre-Owned Assets Tax has added an additional complication that has resulted in many of these trusts excluding the settlor from future benefit.    From Wordnik.com.  [Knowledge is key - IFAonline] Reference

Principally, the trust enables the transfer of ownership of an asset from one party (the settlor) to another (the trustees) for the benefit of someone else (the beneficiary).    From Wordnik.com.  [Locking your money away in different trusts - IFAonline] Reference