inter vivos trust

Definition of "inter vivos trust"
  1. A trust created and effective during the lifetime of the person establishing it
How to use "inter vivos trust" in a sentence
  1. She established an inter vivos trust to ensure her kids' financial future.
  2. An inter vivos trust can help avoid probate when assets are transferred.
  3. He was named as the trustee in the inter vivos trust she established.
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