living trust

living trust


Definition of LIVING TRUST

:  a trust that becomes effective during the lifetime of the settlor —called also inter vivos trust

First Known Use of LIVING TRUST



Next Word in the Dictionary: living unit
Previous Word in the Dictionary: livingstonite
All Words Near: living trust

Seen & Heard

What made you want to look up living trust? Please tell us where you read or heard it (including the quote, if possible).