inter vivos trust


A revocable trust created while the donor is still alive, to hold property for the benefit of another. also called living trust.

Use inter vivos trust in a sentence

Jimmy has agreed to declare an inter vivos trust with his son, transferring his car to his son for the remainder of his life.

​ Was this Helpful? YES  NO 11 people found this helpful.

The donor was still alive and well, so we decided to make an inter vivos trust, which would be very good to have in the future.

​ Was this Helpful? YES  NO 6 people found this helpful.

Mary had set up an inter vivos trust for her son Albert while she was still alive, and he greatly benefitted from her generosity.

​ Was this Helpful? YES  NO 4 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
testamentary trust settlor