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Living trust - Definition |
| Related Words: Abode, Active, Acute, Advowson, Aggressive, Alight, Alimony, Alive, Animate, Animated, Animation, Ardent, Being, Benefice |
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A living trust (or inter vivos trust) is created for the purpose of holding ownership to an individual's assets during the person's lifetime, and for distributing those assets after death.
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