living trust

noun

: 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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
If not retitled to the living trust the trust may not accomplish its goals as intended. Martin Shenkman, Forbes.com, 28 Mar. 2025 This would undermine one of the benefits of a living trust, which is to avoid a court’s involvement in settling an estate. Liz Weston, San Diego Union-Tribune, 23 Mar. 2025 Dacey was an advocate of the revocable living trust to avoid probate and explained how to create one without a lawyer. Bob Carlson, Forbes, 17 Mar. 2025 There are no gift tax consequences to naming someone as the beneficiary of a living trust, retirement account, life insurance policy, annuity, TOD, or ladybird deed. Bob Carlson, Forbes, 17 Mar. 2025 See All Example Sentences for living trust

Word History

First Known Use

1913, in the meaning defined above

Time Traveler
The first known use of living trust was in 1913

Browse Nearby Words

Cite this Entry

“Living trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/living%20trust. Accessed 4 Apr. 2025.

Legal Definition

living trust

see trust

More from Merriam-Webster on living trust

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!