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
Cite this Entry
“Living trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/living%20trust. Accessed 27 Feb. 2025.
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