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
Check your will or living trust and revise as necessary.
—
Crystal Faulkner and Tom Cooney, The Enquirer, 2 July 2024
Even a basic estate plan involving a revocable living trust requires retitling accounts and updating beneficiaries after the documents are completed.
—Brian Niksa, Forbes, 9 Oct. 2024
Payable-on-death accounts might be a solution for people with simple situations and too few resources to justify a living trust.
—Liz Weston, Los Angeles Times, 6 Oct. 2024
However, if the property was owned in a living trust, which is a common estate planning method, the trust agreement will appoint a new trustee who can sign the deed at closing without waiting for probate.
—Gary Singer, Sun Sentinel, 11 July 2024
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Crystal Faulkner and Tom Cooney, The Enquirer, 2 July 2024
Even a basic estate plan involving a revocable living trust requires retitling accounts and updating beneficiaries after the documents are completed.
—Brian Niksa, Forbes, 9 Oct. 2024
Payable-on-death accounts might be a solution for people with simple situations and too few resources to justify a living trust.
—Liz Weston, Los Angeles Times, 6 Oct. 2024
However, if the property was owned in a living trust, which is a common estate planning method, the trust agreement will appoint a new trustee who can sign the deed at closing without waiting for probate.
—Gary Singer, Sun Sentinel, 11 July 2024
See all Example Sentences for living trust
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“Living trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/living%20trust. Accessed 15 Jan. 2025.
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