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living trust

American  

noun

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


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

A revocable living trust is flexible but is typically used for a person’s own assets during their lifetime.

From MarketWatch • Mar. 26, 2026

A living will or living trust can also provide additional instructions for how you wish your estate to be handled after your death.

From MarketWatch • Jan. 2, 2026

Their home, worth about $2 million, is paid off and in a living trust for their two sons and their families.

From The Wall Street Journal • Oct. 19, 2025

First, a living trust can provide more privacy than a will by avoiding the publicity of a court-supervised probate administration.

From Salon • Jul. 30, 2025

Each man had food and raiment, shelter on earth, friends and counsellors, living trust in the continual care of Almighty God.

From The World's Greatest Books — Volume 05 — Fiction by Mee, Arthur