living trust
nounDefinition of living trust
: a trust that becomes effective during the lifetime of the settlor
— called also inter vivos trust
Examples of living trust in a Sentence
Recent Examples on the Web
LegalZoom sells a $269 living trust package that includes a 30-day free trial of its subscription advice service. — Liz Weston, OregonLive.com, "Liz Weston: Options exist for increasing your credit line," 4 Feb. 2018 There's no specific dollar amount of assets for which a living trust becomes a good idea. — Andrew Theen, OregonLive.com, "Portland weather forecast: Sunny Sunday before rain returns," 14 Jan. 2018 Revocable living trusts also don't get special estate tax treatment. — Liz Weston, OregonLive.com, "Liz Weston: Take your credit score from good to great," 21 Jan. 2018 Revocable living trusts are designed to eliminate the potential costs and delays of probate, not of the estate tax system. — Liz Weston, OregonLive.com, "Liz Weston: Take your credit score from good to great," 21 Jan. 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'living trust.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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