living trust


noun

a trust that takes effect during the lifetime of the settlor.

Nearby words

  1. living picture,
  2. living room,
  3. living soul,
  4. living standard,
  5. living stones,
  6. living unit,
  7. living wage,
  8. living will,
  9. livingly,
  10. livingston


Also called trust inter vivos.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019