living trust
noun
a trust that takes effect during the lifetime of the settlor.
living trusts
-
pluralof living trust.plural
The grammatical form denoting more than one person, place, thing, or idea.
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.
Revocable living trusts offer no shelter from creditors.
From MarketWatch ● Apr. 16, 2026
But investments held in revocable trusts, such as living trusts, should qualify for the favorable step-up in basis that would eliminate the taxable capital gain at his death.
From Los Angeles Times ● Aug. 11, 2024
Unlike wills, living trusts take effect while you’re still alive.
From Washington Times ● Jul. 13, 2020
A specialized attorney who handles living trusts can provide financial advice, legal advice and enter pertinent information into the documents that are required when you set up a living trust.
From Encyclopedia.com ● Jun. 26, 2018
Across the hall from his office is a law firm, affiliated with Kavesh and Gau, that handles wills and living trusts and all other legal matters related to financial planning.
From "The Tipping Point" by Malcolm Gladwell
