Definitions
There is 1 meaning of the phrase
Living Trust.
Living Trust - as a noun
A trust created and operating during the grantor's lifetime
Synonyms (Exact Relations)
inter vivos trustExample Sentences
"A living trust allows you to transfer your assets to your beneficiaries while you are still alive."
"A living trust can help avoid probate and ensure a smooth transfer of your assets."
"Creating a living trust requires you to name a trustee who will manage the trust on your behalf."
"With a living trust, you can retain control over your assets even after transferring them to the trust."
"A living trust offers the advantage of maintaining privacy as it is not subject to public record."
