/ˈsɛtlər ʌv trʌst/ – Phrase
Definition: người xác lập quyền sở hữu tín thác.
A more thorough explanation: A settlor of a trust is an individual or entity that establishes a trust by transferring assets or property to a trustee for the benefit of one or more beneficiaries. The settlor creates the trust by executing a trust agreement or declaration, outlining the terms and conditions of the trust, including the beneficiaries’ rights and the trustee’s duties. The settlor may also be referred to as the trustor or grantor of the trust.
Example: The settler of the trust, Mr. Smith, transferred ownership of the property to the trust for the benefit of his children.