单词 | living trust |
释义 | living trust From Longman Business Dictionaryliving trustˈliving ˌtrust [countable]LAWFINANCE a trust in which someone’s assets are passed to another person before they die, done to avoid the trust having to go through PROBATE (=the sometimes long legal process of dealing with a dead person’s will)She has transferred her properties to a living trust. → trust |
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