English Dictionary

LIVING TRUST

Pronunciation (US): Play  (GB): Play

IPA (US): 

 Dictionary entry overview: What does living trust mean? 

LIVING TRUST (noun)
  The noun LIVING TRUST has 1 sense:

1. a trust created and operating during the grantor's lifetimeplay

  Familiarity information: LIVING TRUST used as a noun is very rare.


 Dictionary entry details 


LIVING TRUST (noun)


Sense 1

Meaning:

A trust created and operating during the grantor's lifetime

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

inter vivos trust; living trust

Hypernyms ("living trust" is a kind of...):

trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))


 Learn English with... Proverbs 
"A pot of milk is ruined by a drop of poison." (English proverb)

"White men have too many chiefs." (Native American proverb, Nez Perce)

"Don't count the teeth of a gift horse." (Armenian proverb)

"The one not dancing knows lots of songs." (Cypriot proverb)



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