HyperDic: inter_vivos_trust

English > 1 sense of the expression inter vivos trust:
NOUNpossessioninter vivos trust, living trusta trust created and operating during the grantor's lifetime
English > inter vivos trust: 1 sense > noun 1, possession
MeaningA trust created and operating during the grantor's lifetime.
Synonymliving trust
BroadertrustSomething (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

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