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SETTLOR
Settlor (noun) — (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee.
Settlor is a valid 7-letter word worth 7 points in Scrabble (and Words With Friends letter values vary). Below are its anagrams and the shorter words hidden inside it.