Meaning of LIVING TRUST
| Pronunciation: | | 'living trust
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 WordNet Dictionary |
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| | Definition: | |
[n] a trust created and operating during the grantor's lifetime |
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| | Synonyms: | | inter vivos trust |
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| | See Also: | | trust | |
| Legal Dictionary |
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| | Definition: | | A trust set up and in effect during the lifetime of the grantor. (Also called inter vivos trust.) |
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