living trust

noun

: a trust that becomes effective during the lifetime of the settlor

called also inter vivos trust

Examples of living trust in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
As covered in previous columns, payable-on-death and transfer-on-death accounts can be appropriate solutions for people with few assets who can’t afford to pay for a living trust. Liz Weston, San Diego Union-Tribune, 13 July 2025 Building Flexibility Into Your Estate Plan Revocable Living Trusts as Your Foundation A revocable living trust can serve as the cornerstone of flexible estate planning. Patti Brennan, Forbes.com, 11 July 2025 While the living trust itself does not allow for the medical decisions authority, the health care power of attorney or advance directive grants the power, and these are usually included in having a living trust done. Bob Chitrathorn, Forbes.com, 25 June 2025 Dear Liz: My husband agreed to serve as successor trustee for his brother’s living trust several years ago. Liz Weston, San Diego Union-Tribune, 23 Mar. 2025 See All Example Sentences for living trust

Word History

First Known Use

1913, in the meaning defined above

Time Traveler
The first known use of living trust was in 1913

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Cite this Entry

“Living trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/living%20trust. Accessed 21 Jul. 2025.

Legal Definition

living trust

see trust

More from Merriam-Webster on living trust

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