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About: Settlement (trust)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Volition105652593, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatLegalDocumentsyago:WikicatWillsAndTrustsyago:Ability105616246yago:Abstraction100002137yago:Cognition100023271yago:Communication100033020yago:Document106470073yago:Faculty105650329yago:LegalDocument106479665yago:PsychologicalFeature100023100yago:Writing106362953yago:WrittenCommunication106349220yago:Volition105652593 New Facet based on Instances of this Class

A settlement in trusts law is a deed (also called a trust instrument) whereby real estate, land, or other property is given by a settlor into trust so the beneficiary has the limited right to the property (for example, during their life), but usually has no right to sell, bequeath or otherwise transfer it. Instead the property devolves as directed by the settlement.