: a trust that becomes effective during the lifetime of the settlor
called alsointer vivos trust
Example Sentences
Recent Examples on the WebWhen creating the foundation, Newman laid out specific plans on its structure in a living trust. Winston Cho, The Hollywood Reporter, 24 Aug. 2022 Near Folsom, portion of ground: $100, Donald A. Keating and and Betty J. Keating revocable living trust to Karen Sue Keating.NOLA.com, 1 Oct. 2020 To further complicate matters, a living trust or a will can have provisions that create a bypass trust after someone dies. Liz Weston, oregonlive, 10 Apr. 2022 Dear Liz: My husband and I made a living trust in 2004. Liz Weston, oregonlive, 26 Feb. 2022 Buyers whose names didn't appear to be a person or a family or living trust were categorized as an investor or other entity. Patrick Clark, Fortune, 7 Jan. 2022 Beneficiaries need to be named for assets that avoid probate and aren’t controlled by a living trust. Bob Carlson, Forbes, 3 Sep. 2021 Check your will or living trust and change as necessary. Tom Cooney And Crystal Faulkner, The Enquirer, 12 Oct. 2021 Yet, a living trust has no effect unless it is given legal title to assets. Bob Carlson, Forbes, 27 May 2021 See More