Clifford trust

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noun Law.

a type of living trust set up for at least a 10-year period, during which the income goes to a beneficiary and after which the principal reverts to the grantor.

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Origin of Clifford trust

After George B. Clifford, plaintiff in a suit against the Internal Revenue Service in 1940; regulations resulting from the suit defined the trust

Words nearby Clifford trust

cliff dweller, cliff-hang, cliffhanger, cliff-hanging, Clifford, Clifford trust, Cliffside Park, Cliffs Notes, cliff swallow, cliffy, clift

How to use Clifford trust in a sentence

We proud skeptics would rather trust the demonstrable facts than the alleged truth.
On Torture, Chuck Johnson & Sondheim|James Poulos|December 13, 2014|DAILY BEAST
And ultimately this creates steadily eroding trust among voters for not just politics but the institutions of government.
Just What We Needed: More Campaign Spending|Mark McKinnon|December 8, 2014|DAILY BEAST
Others have taken the stage to tell women to just work harder and trust in karma.
Tech’s Male ‘Feminists’ Aren’t Helping|Cate Huston, Karen Catlin|December 8, 2014|DAILY BEAST
If she wants voters to believe and trust in her, she must court favor with the local pastor, Jeremiah.
The Good Wife’s Religion Politics: Voters Have No Faith in Alicia's Atheism|Regina Lizik|November 24, 2014|DAILY BEAST

In order for a reunion to happen, it would take a high level of trust, musically, on everything that happened.
Wyclef Jean Talks Lauryn Hill, the Yele Haiti Controversy, and Chris Christie|Marlow Stern|November 20, 2014|DAILY BEAST
If you throw away this chance, you will both richly deserve to be hanged, as I sincerely trust you will be.
The Posthumous Papers of the Pickwick Club, v. 2(of 2)|Charles Dickens
There are three things a wise man will not trust: the wind, the sunshine of an April day, and woman's plighted faith.
Pearls of Thought|Maturin M. Ballou
He must trust to his human merits, and not miracles, for his Sonship is of no value in this conflict.
Solomon and Solomonic Literature|Moncure Daniel Conway
As if unwilling to trust himself longer in dangerous companionship, he went up to town with Thomas Carr.
Elster's Folly|Mrs. Henry Wood
I would not trust their removal to any other hand, and so, the panel comes out without a shake.
Checkmate|Joseph Sheridan Le Fanu